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Taxpayers Pay Millions For Fed Workers’ Student Loans

Congress may let student loan interest rates double July 1, but some federal workers and congressional staff likely are protected from the impact by a taxpayer-funded benefit that provided more than $20 million last year for them to pay down their college debts.

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Health Insurance Exchanges Falling Behind Schedule

Government officials have missed several deadlines in setting up new health-insurance exchanges for small businesses and consumers-a key part of the federal health overhaul-and there is a risk they won’t be ready to open on time in October, Congress’s watchdog arm said.

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Federal Employee Union President Slams Contractors’ Motives

“An uncounted and unaccountable shadow workforce.” That’s how the national president of a government employees’ union described federal contractors in congressional testimony that also slammed a proposal to establish a private sector commission that would make suggestions to improve government operations.

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Fed to Continue Stimulus

The Federal Reserve gave no indication Wednesday that it plans to scale back its purchases of bonds and other assets, as it continues its efforts to boost the U.S. economy.

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Google: ‘We’re Not In Cahoots’ with NSA

David Drummond, Google’s chief legal officer, on Wednesday beat back against allegations that the search company is “in cahoots with the NSA” and has allowed the spy agency to tap into its servers for user data.

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Postal Reform Act 2013

In order to solicit broad stakeholder input on the Postal Reform Act of 2013 prior to introduction, House Oversight and Government Reform Committee Chairman Darrell Issa is posting a discussion draft of new legislation and soliciting feedback.

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Did State Department Officials Commit Perjury?

Two top officials at the State Department’s Diplomatic Security Service (DS) — the federal law enforcement agency that protects American diplomats and investigates allegations of criminal misconduct by State Department employees — gave sworn testimony earlier this year that appears to be evasive at best, and untrue at worst

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IRS Worker Claims Tea Party Scrutiny Originated In Ohio Office

A Democratic congressman has released the full transcript of congressional investigators’ interview with an Internal Revenue Service manager and self-described conservative Republican who said the close scrutiny of tea party groups’ tax forms originated in his Cincinnati IRS office, not in Washington.

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Daily TSP Rates

June 18, 2013

Fund Last Change YTD
L Income 16.2450 +0.0242 +3.34%
L 2020 20.2588 +0.0771 +7.85%
L 2030 21.4410 +0.1034 +9.82%
L 2040 22.4261 +0.1248 +11.28%
L 2050 12.5524 +0.0782 +12.64%
G Fund 14.1207 +0.0007 +0.70%
F Fund 15.8518 -0.0013 -0.99%
C Fund 21.0888 +0.1633 +16.99%
S Fund 28.7529 +0.2690 +18.14%
I Fund 22.6663 +0.1031 +8.29%
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