The U.S. Department of the Treasury announced that it took the next step in its plan to sell its approximately 300.1 million remaining shares of General Motors (GM) common stock with the initiation of a pre-arranged written trading plan.
Groups representing federal employees have been speaking out on the House’s scheduled vote on a bill that would continue the pay freeze for the federal workforce.
Rep. Jason Chaffetz (R-UT) is reintroducing legislation in the new Congress to fire tax delinquent federal workers as well as prevent future hiring of new federal employees who are seriously tax delinquent.
Two recent editorials take issue with the upcoming pay increase for federal employees.
Congressman Ron DeSantis (R-FL) has introduced a bill that would freeze pay for federal employees and extend a freeze on pay for Members of Congress.
The White House recently announced that it has quadrupled the number of signatures required for a response on its online petition web site. WH Director of Digital Strategy Macon Phillips offered an explanation for this change.
Congressman Dennis Ross (R-FL) has introduced legislation which would require agency and department managers to justify and approve every line item on their budget each year.
The House has passed a $50.7 billion Hurricane Sandy relief bill, but it won’t come with any negative impact to the federal workforce.
Treasury Secretary Timothy Geithner said that the government has begun borrowing from the federal employee pension fund to keep operating without passing the approaching debt limit.
White House Office of Management and Budget Director Jeffrey Zients issued a memo this week which warned agencies to be prepared for the possibility of furloughs and budget cutbacks in the event that sequestration takes effect this spring.