Fed retirement hike to pay for unemployment insurance
Wednesday - 2/22/2012, 11:00am EST
Bernie Becker, The Hill
"GOP lawmakers, for most of the last year or so, targeted federal employees, saying they're overpaid, saying they're over-compensated and that is a way to get savings, to do some of these things," said Bernie Becker of The Hill newspaper. He joined The Federal Drive with Tom Temin to discuss the impact the legislation will have on the federal workforce.
He added the $15 billion generated by the 2.3 percent payment to retirement would help pay for the extension of unemployment insurance.


