No doubt, many in the federal workforce were concerned about proposed amendments to the fiscal year 2011 budget which would have frozen funding for within-grade step increases and for promotions for federal employees. The budget has now passed the House without including these amendments.
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.
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.
The deficit commission has made a number of recommendations that may impact your pay and benefits as a federal employee. Here is what we know, what we do not know, and why it is your best interests to pay close attention to these changes.
President Obama has signed the bill that continues funding of the federal government through March 4th and institutes the two-year federal pay freeze.
According to one Congressman, a two-year pay freeze is not a serious effort to cut back on federal spending.
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.
President Obama will announce a 2 year freeze on federal employee pay to affect all civilian employees.
As the federal budget deficit soars to new heights, political pressure is building during this election year to cut back on spending. Where will the cuts be made–if they are made at all? A new proposal would freeze federal employees salaries in 2011.
The Senate has passed a deficit reduction package that does not include a pay freeze for federal employees for 2006.