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.
CBO
CBO’s Improving, Pessimistic View of Social Security’s Future
A new CBO report highlights improvements to the financial health of Social Security but remains pessimistic about its future overall.
Options for Changing Federal Employee Retirement
Congress is looking for ways to reduce expenses. The $93 billion spent on federal retirement is a big target.
CBO Weighs In on Bill That Would Pay Bonuses to Federal Employees
The CBO has issued its opinion on a bill that would pay bonuses to federal employees who report wasteful spending at their agencies.
CBO Weighs in on TSP Modernization Act
The CBO has released an analysis of bills that would allow federal employees to make multiple withdrawals from their TSP accounts.
Federal Employees: Overpaid or Underpaid?
Federal benefits are generally better than benefits offered in the private sector. This accounts for much of the disparity between federal and private sector compensation according to the CBO.
What The Latest Social Security Numbers Mean to You
The author suggests that the consequences of Social Security will arrive much sooner than the experts are predicting and says that we may actually have to repay the Trust Fund.
CBO Shows More Effective Means to Reduce the Deficit Than Targeting the Federal Workforce
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.
Worried About Cuts to Your Federal Benefits? Don’t Panic!
In response to a recent CBO report that recommends various cuts to federal employee benefits, the author advises federal workers not to panic about these recommendations and explains why he thinks they are unlikely to materialize.
CBO Deficit Reduction Proposals Would Impact Federal Employees
A recent report from the Congressional Budget Office makes a myriad of proposals designed to help put a dent in the growing federal debt, some of which would directly impact federal employees.
