Illinois Treasurer Michael Frerichs announced a plan to commit up to $50 million to provide loans to unpaid federal workers during the government shutdown.

According to a press release, those workers will be offered zero-interest or low-interest loans for the duration of the shutdown, which began in early October and left many without regular paychecks.

"It is truly disheartening that a D.C. dispute over the right to affordable health care has reached a point where the federal government has locked out some workers and forced others to continue working without pay," Frerichs said in a statement. "Our no-interest loan program aims to provide much-needed relief to workers, ensuring they can feed their families, pay their mortgage, and stay current with electric and water bills.”

An estima

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