Bill Would Authorize Interest Free Loans During the Shutdown
A new legislative proposal would require the Treasury Department to make interest free loans available to federal employees during the shutdown.
Treasury
IRS to Reduce Collection of Personal Donor Information in Certain Cases
The Treasury Department announced that the IRS will no longer require certain tax-exempt organizations to file personally identifiable information about their donors.
Mnuchin: 90% of Wage Earners Will See Higher Paychecks Under New Withholding Tables
The IRS has released new tax withholding tables, and many employees should start seeing higher paychecks by February according to the Treasury Department.
Lawmakers Worried Treasury Department Will Use New Tax Tables for Political Gain
Two lawmakers are worried that the Treasury Department will “unduly influence” tax withholding tables to skew the apparent benefits of the new tax law.
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.
OGE Reminds Agency Leaders to Promote an ‘Ethical Culture’
The Office of Government Ethics is reminding agency leaders to ensure they act in ways that will not erode the trust of the American public.
Treasury Announces End of myRA Program After $70 Million Loss
The Treasury Department has announced that it is phasing out the myRA program due to substantial cost overruns and lack of use.
Federal Employee Pension, G Fund Used to Avoid Government Default
The debt ceiling for the Federal Government has been reached and it is using accounting techniques to keep paying its bills. Federal employees are helping to fund the “extraordinary measures” now in effect.
Treasury Suspends Reinvestment of G Fund Securities
Treasury Secretary recently sent a letter to House Speaker John Boehner notifying him of “extraordinary measures” the government was taking to deal with hitting the debt limit.
Questions About Using Federal Employees to Analyze John Kerry’s Tax Proposals
Allegations that the Treasury Dept. used federal employees inappropriately to attack the Kerry tax proposal have been made public.
