The Budget “Shell Game” and Your Federal Employee Benefits

Professional politicians are experts at trying to keep everyone happy–especially when it comes to spending money. Federal employee pay and benefits are a hot topic now and will continue to be through the 2012 election. How did the President’s proposed budget deal with the recommendations by the President’s own deficit commission in cutting federal pay and benefits? Here is a quick summary.

Five-Year Pay Freeze for Federal Employees?

The Republican Study Committee released its recommendations for ways to cut government spending by up to $2.5 trillion over 10 years. Some of the proposed cuts, if enacted, would directly affect federal employees.

Federal Employee Pay Freeze as a Political Symbol

President Obama has proposed a two-year pay freeze for federal employees. While the freeze will impact most readers, the action may be more important as to what may be in store for federal agencies and federal employee benefits in the future.