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Taking Friday Off

The House is scheduled to be in session on only 15 Fridays in 2013, an almost 30 percent drop from 2011, according to the calendar released by House Majority leader Eric Cantor (R-Va.) on Friday.

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The TSA’s First 11 Years

November 25 marked the 10th anniversary of the signing of the Homeland Security Act, which created the Department of Homeland Security. The author takes a look back at the short history of this agency.

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Social Security Tax Breaks Drive New Retirement Strategy

The advantages of delaying Social Security benefits as long as possible have been widely supported by financial experts. While benefits can be claimed as early as age 62, they will grow by roughly 8 percent a year until age 70, and also will increase by the amounts of any cost-of-living increases that occur during this period.

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SEA Asks Obama To Avoid Deep Cuts To Federal Workforce

The lobbying group for senior federal executives sent a letter to the White House yesterday urging the president to hold firm in his vision of “developing an effective and efficient civil workforce that is prepared to meet the challenges of the 21st century” as he haggles with Republicans over how to avoid the so-called “fiscal cliff.”

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Why $16 Trillion Only Hints at the True U.S. Debt

We often hear about the $16 trillion deficit, however, the authors point out that the actual liabilities of the federal government, including Social Security, Medicare, and federal employees’ future retirement benefits, already exceed $86.8 trillion, or 550% of GDP.

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The Federal Pay Labyrinth

The author says that the idea of locality pay works well on paper, but in practice it has become convoluted after its planners began worrying about congressional support and the locality areas were expanded in size.

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May 17, 2013

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