A group of federal employee unions and advocacy groups have sent a letter to the chairs of the Committee on Deficit Reduction expressing both disapproval and support for some of the President’s recent deficit reduction ideas.
Senator John McCain (R-AZ) has introduced legislation to restore the financial health of the Postal Service.
Senator Ron Johnson (R-WI) and Rep. Mick Mulvaney (R-SC) have introduced legislation aimed at cutting the federal workforce through attrition.
Despite a two-year pay freeze being imposed on the federal workforce late last year, many federal employees report overall satisfaction with their pay according to the 2011 OPM Federal Employee Viewpoint Survey results.
The OPM Office of the Inspector General has issued a report showing that payments from the federal government’s Civil Service Retirement and Disability Fund to deceased annuitants has averaged $120 million over the last five years.
Reps. Elijah E. Cummings and Stephen Lynch have introduced legislation to address the Postal Service’s dismal financial situation by making numerous changes in an attempt to restore it to financial solvency. One of the provisions of the bill would be to refund the excess money the Postal Service has paid into the Federal Employee Retirement System.
Legislation has been introduced that claims it would reduce the deficit by billions by phasing out the $1 bill.
The minority staff of the Subcommittee on Oversight of Government Management, the Federal Workforce, and the District of Columbia recently released a report detailing more than $1.4 trillion in savings over 10 years in areas under its jurisdiction. While many of the proposed cuts are not new, some of them would significantly impact federal employees if they were to be enacted.
The President has released a proposal outlining his ideas for ways to cut the growing federal deficit. The plan aims to make as much as $3 trillion in cuts, some of which would directly affect federal employees if they were to be enacted.
A group of labor, management and union groups sent a letter to President Obama on Friday urging him not to target federal employees’ salaries or benefits in the deficit cutting proposal that he is scheduled to unveil on Monday.