The Fiscal Commission was a bipartisan group created by President Obama to look for ways to reduce the growing federal deficit. A bipartisan group of Senators appears to be working on its own debt reduction plan and cites the Fiscal Commission as its plan’s basis.
We recently asked readers in a non-scientific poll if they thought a government shutdown would take place. The results were generally not very upbeat.
The TSP is unveiling a new fund in its family of Lifecycle funds: the L 2050 fund. The fund is designed for participants who will begin to withdraw their holdings after 2045 and replaces the now obsolete L 2010 fund.
The Republican Study Committee released its recommendations for ways to cut government spending by up to $2.5 trillion over 10 years. Some of the proposed cuts, if enacted, would directly affect federal employees.
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The president’s annual salary hasn’t increased for several years, but there are a number of other benefits that come with the job.
There has been controversy surrounding the TSA’s use of body scanners in airport security, in part due to questions about the safety of radiation emitted from the machines. The TSA recently published some data on the radiation safety levels of their x-ray equipment.
HR 1722 was signed into law by President Obama Thursday afternoon. Also known as the Telework Enhancement Act, the bill aims to increase the work-at-home opportunities for federal employees.
Many readers have been asking why members of Congress don’t freeze their own annual raises since federal employees are facing a potential pay freeze. It may make some readers feel better to know that Congress has already frozen its pay for FY 2011.
The National Commission on Fiscal Responsibility and Reform members failed to get the number of votes needed to send the deficit reduction plan they released earlier in the week to Congress for a vote.