Tag: CBO

CBO Projects USPS Will Continue Defaulting on Retiree Health Fund Payments

February 4, 2020 10:09 AM , Updated February 17, 2020 7:44 AM
CBO Projects USPS Will Continue Defaulting on Retiree Health Fund Payments

CBO said in a recent report that it expects the Postal Service to continue to default on required payments to its retiree health benefits fund.

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CBO: Federal Debt to Hit 98% of GDP by 2030

January 28, 2020 4:50 PM

The debt held by the federal government is set to skyrocket over the next ten years, according to a Congressional Budget Office report published Tuesday.

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What Effect Does Automatic Enrollment Have on TSP Savings Habits?

January 21, 2020 12:14 PM , Updated February 4, 2020 5:19 PM
What Effect Does Automatic Enrollment Have on TSP Savings Habits?

A recent CBO report looks at the impact the government match and automatic enrollment have on federal employees’ savings habits in the TSP.

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CBO Weighs in on the Ensuring FEHBP Coverage During Shutdowns Act

September 23, 2019 12:14 PM , Updated October 2, 2019 9:21 AM
CBO Weighs in on the Ensuring FEHBP Coverage During Shutdowns Act

The CBO has offered a cost analysis of a bill designed to protect federal employees’ health insurance benefits during government shutdowns.

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Is it Time to Change Federal Retirement Benefits?

March 22, 2019 10:19 AM , Updated April 4, 2019 10:28 AM
Is it Time to Change Federal Retirement Benefits?

Proposals to cut retirement benefits appear periodically. The author discusses some recent ones and what they might mean for federal employees.

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CBO Estimates Costs of Veterans’ Pension Legislation

September 24, 2018 10:51 AM , Updated October 2, 2018 11:35 AM
CBO Estimates Costs of Veterans’ Pension Legislation

CBO offered an analysis of what it would cost the government to pay for computational errors affecting veterans’ military service deposits and pensions.

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CBO Says Increased Retirement Contributions Would Save $109 Billion

May 27, 2018 6:20 PM , Updated June 5, 2018 10:20 AM
CBO Says Increased Retirement Contributions Would Save $109 Billion

A CBO report says that increasing federal employees’ share of retirement contributions would lead to significant savings.

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CBO Issues New Warning on Debt Ceiling

February 1, 2018 9:11 AM , Updated February 7, 2018 10:10 AM
CBO Issues New Warning on Debt Ceiling

The CBO projects in a new report that the government will run out of money sooner than expected. Measures to offset the debt limit can impact federal employees.

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Treasury Suspends Investment Into Federal Employee Retirement Funds to Avoid Hitting Debt Ceiling

December 11, 2017 5:57 PM , Updated February 27, 2018 11:52 AM
Treasury Suspends Investment Into Federal Employee Retirement Funds to Avoid Hitting Debt Ceiling

The Treasury Department has announced it will no longer be able to fully invest in two federal employee retirement funds to avoid hitting the debt ceiling.

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CBO: Government Will Run Out of Money Next Spring Without Raising Debt Limit

December 1, 2017 10:42 AM , Updated December 8, 2017 9:56 AM
CBO: Government Will Run Out of Money Next Spring Without Raising Debt Limit

The government is once again about to reach the debt ceiling, and “extraordinary measures” would likely be used with federal employee benefits to offset it.

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