According to the CBO’s latest monthly budget review, the federal budget deficit was $292 billion for the first two months of FY 2013, a 24% increase over the same time period last year.
The Government Accountability Office said in a recent report that the federal government is on an unsustainable long term fiscal path.
The Social Security Administration has announced 35 additional Compassionate Allowances conditions, bringing the total number of conditions in the expedited disability process to 200.
Two Representatives from Oregon have introduced the TRICARE Protection Act which is designed to protect military retirees from sudden loss of access to primary care doctors.
Postmaster General Patrick Donahoe recently said the Postal Service would end up like Greece if something were not done to address its financial problems. A recent report from the Tax Foundation takes an in depth look at the accuracy of this statement.
OPM’s latest monthly retirement processing status report shows a decline in the number of backlogged applications in November.
The Department of Veterans Affairs announced that GI Bill is now a registered trademark with the U.S. Patent and Trademark Office and VA is the sole owner of the mark.
The Federal Retirement Thrift Investment Board has announced that it has selected BlackRock Institutional Trust Company as the investment manager for the F Fund.
The TSP processing schedule for the end of 2012 includes information about when transactions (including withdrawals and monthly payments) will be processed, as well as when the TSP will be closed during the holiday season.
Republican leaders released a counter-proposal with their suggested solution to the notorious “fiscal cliff.” Their recommendation is to use the plan put forth by the Deficit Commission two years ago, one which outlined a number of spending cut proposals, including some that would have an impact on the federal workforce.
