Tag: Debt Ceiling

Preparing for the Debt Ceiling Debate and the Impending "Fiscal Cliff"

By on December 17, 2012 in Retirement with 0 Comments

How will your investment in the G fund and your federal retirement funds be used if there is no resolution on the debt ceiling?

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Withholding G Fund Payments to Avoid the Debt Ceiling

By on January 18, 2012 in Retirement with 0 Comments

The G fund is again being used as a stop-gap measure to avoid the federal government hitting the debt ceiling for the second time in a few months.

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Congressman to Introduce Legislation to Repeal Debt Ceiling

By on August 10, 2011 in Current Events with 0 Comments

Congressman Jerrold Nadler (D-NY) said in a recent statement that he plans to introduce legislation to repeal the debt ceiling, saying that it is “arbitrary and has nothing to do with the deficit.”

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A Deeper Look at the Debt Debacle-Gold, Us Dollar and GDP, Part II

By on August 7, 2011 in Retirement with 0 Comments

In part two of Carol Schmidlin’s interview with Rodney Johnson, President of HS Dent Publishing, she asks him about the prospects of investing in gold, the devaluation of the U.S. dollar, and the growing federal debt. She also asks Johnson for his advice for federal employees and actions they should take in light of some of the proposed cuts on their salaries and benefits.

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A Deeper Look at the Debt Debacle

By on August 2, 2011 in Retirement with 0 Comments

Carol Schmidlin recently interviewed Rodney Johnson, President of HS Dent Publishing, an independent economic research company, about the spending cuts in the new debt agreement and who can be affected.

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The "Debt Issuance Suspension Period" and $186 Billion of Your Retirement and TSP Funds

By on July 18, 2011 in Retirement with 0 Comments

How much money have federal retirement funds contributed to help the government continue to operate? About $186 billion.

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Federal Workers Ask How Debt Default Would Affect Them

By on July 15, 2011 in Current Events with 0 Comments

Twenty different groups signed a letter addressed to OMB Director Jacob Lew and Treasury Secretary Tim Geithner seeking answers to several questions about how a debt default would affect federal employees.

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Federal Pay, Federal Retirement and the Debt Ceiling

By on July 14, 2011 in Pay & Benefits, Retirement with 0 Comments

The federal government will receive about $172 billion in August. That is not enough to pay expenses. Who will get paid and who won’t get paid if the debt ceiling is not raised?

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Senator Mikulski Objects to Use of Federal Employees' Pension Funds in Debt Reduction Negotiations

By on June 13, 2011 in Pay & Benefits with 0 Comments

Senator Barbara Mikulski (D-MD) sent a letter to Treasury Secretary Tim Geithner urging him to take federal employees’ pension funds off of the list of available resources used to prevent the country from defaulting on its debt obligations.

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Debt Ceiling Reached But Sky Isn’t Falling on Thrift Savings Plan Investors

By on May 17, 2011 in Pay & Benefits with 0 Comments

With the United States hitting the debt ceiling, can you still withdraw your money from your Thrift Savings Plan? Here is the answer from a TSP official.

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