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Treasury Takes Steps So It Can Pay Bills

The Obama administration yesterday notified Congress that it was prepared to take a series of steps to free up about $260 billion so it can keep paying the nation’s bills once a temporary suspension in the government’s debt ceiling lapses this weekend.

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McCaskill Shines Light on Bonuses Paid to Federal Employees

Over a four-year period, the tiny minority (1 percent) of the federal workforce who fill these supervisory positions received $340 million in cash bonuses – on top of annual salaries ranging from $119,000 to $179,000, the Senate Subcommittee on Financial and Contracting Oversight found.

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Longest Immigration Queues Ever

Research by The Independent reveals that budget cuts at US Customs and Border Protection (CBP) have sharply increased airport queues, with the worst delays in the “Sunshine State” of Florida.

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Daily TSP Rates

May 17, 2013

Fund Last Change YTD
L Income 16.2775 +0.0227 +3.54%
L 2020 20.4019 +0.0764 +8.61%
L 2030 21.6362 +0.1034 +10.82%
L 2040 22.6643 +0.1253 +12.46%
L 2050 12.7053 +0.0787 +14.01%
G Fund 14.1015 +0.0005 +0.57%
F Fund 16.0308 -0.0571 +0.12%
C Fund 21.2517 +0.2168 +17.89%
S Fund 28.9974 +0.2842 +19.15%
I Fund 23.2382 +0.0266 +11.02%
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