President’s Budget Sets New Federal Priorities
The President’s budget proposal has not been drafted “with an eye toward what it would do to the value of your (DC area) condo….” Here are new priorities and agencies proposed for elimination.
The President’s budget proposal has not been drafted “with an eye toward what it would do to the value of your (DC area) condo….” Here are new priorities and agencies proposed for elimination.
President Trump has released his budget proposal for 2018. It calls for significant discretionary spending cuts in many agency budgets, but some agencies will see budget increases over 2017.
There is a lot of uncertainty for federal agencies and employees in the midst of a hiring freeze and proposed budget cuts. However, the author says it’s not time to start assuming a total “doom and gloom” scenario just yet.
President Trump has signed an executive order that instructs OMB to develop a plan to “reorganize governmental functions and eliminate unnecessary agencies, components of agencies, and agency programs.”
Under the details just released about President Trump’s budget proposal, defense spending would be increased while making cuts at other federal agencies.
For many people, the new year represents a fresh start. The author provides some suggestions on how to develop long lasting financial goals to put you on a path towards a comfortable retirement.
The Congressional Budget Office has published a list of 115 ways to reduce the federal deficit in the coming years. The author points out that the options which target the federal workforce generally offer smaller deficit reductions than other items on the list.
As the public was told in 2008, elections have consequences. The new administration will have different priorities than the Obama administration. One new Congressional rule will allow cutting the workforce or cutting federal employee salaries in specific agencies.
Will there be a government shutdown? Will Congress derail the annual federal pay raise? A continuing resolution is in process but funding expires on Friday.
The House Budget Committee has released its FY 2017 budget proposal. Unlike past budgets, this one lacks some of the direct targeting of federal employees through proposed cuts, but it still includes some proposals that are applicable to federal workers. Here is a summary of these proposals.