Shows & Panels
- The 2014 Big Picture on Cyber Security
- AFCEA Answers
- Ask the CIO
- Connected Government
- Consolidating Mission-critical Systems
- Constituent Servicing
- Continuous Monitoring: Tools and Techniques for Trustworthy Government IT
- The Data Privacy Imperative: Safeguarding Sensitive Data
- Eliminating the Pitfalls: Steps to Virtualization in Government
- Federal Executive Forum
- Federal Tech Talk
- Government Cloud Brokerage: Who, What, When, Where, Why?
- Government Mobility
- Mission-critical Apps in the Cloud
- Mobile Device Management
- The Modern Federal Threat Landscape
- The Path from Legacy Systems
- Understanding the Intersection of Customer Service and Security in the Cloud
Shows & Panels
The Creatures From Planet Money
Monday - 4/8/2013, 2:00am EDT
For the U.S. Government, getting money without causing another revolution was, is and will probably always be a problem. Different pressure groups, constituents and voter blocs want sometimes very different things. Often they don't want to pay for what the goods and services cost.
Currently, the federal government is in hock, big time to China and other nations (not all of them pals of the U.S.A. or its way of life) and a growing number of people — voters and politicians and others — are worried about our mounting debt. Criticism of government policies and spending is growing. Politicians, think tanks and a chunk of the news media say that federal workers and retirees are a big part of the problem. They say that feds are overpaid, retirees are over-pensioned and that the care and feeding of government workers — at the federal, state and local levels — is helping break the national piggy bank.
So, if there is an answer, what is it?
A lot of it will come from the career ranks of the federal government. Treasury Department staffers, OMB lifers and Defense specialists, all who serve political appointees that come and go. So we decided to take a look at the money men and women, both career and political, to see what they do and how they are doing it.
Today, Federal News Radio launches a week-long series with the ambitious title: Rise of the Money People: Financial management moves front and center as agencies make the final assault on wasted billions! That's a lot, correct?
Throughout the week we will have in-depth reports, online and on air, about the all-important but relatively unknown Money People.
Our staff has put a lot of time and energy into this series. We've learned a lot in the process. One of the things we learned is how serious the problem is and how serious and good most of the people are who are working on it.
So check it out: All week. We'll let you know how we, and the experts, think the Money People are doing. Then, please let us know how we are doing.
NEARLY USELESS FACTOID
Compiled by Jack Moore
The first man sentenced to sit in the Boston stocks — those famous wooden restraints — was actually the man who built them. After designing and building the structures, Edward Palmer submitted a bill for parts and labor totaling one pound, 13 shillings and seven pence. The city balked at the price and charged Palmer with extortion, sentencing him to sit in the stocks for one hour.
(Source: Mental Floss)
MORE FROM FEDERAL NEWS RADIO
Federal retirements exceed
expectations for third month
For the third month in a row, the number of federal employees filing retirement claims outpaced the Office of Personnel Management's projections. OPM received more than double the number it expected to receive, according to new data.
OMB offers updated guidance
to agencies facing sequestration cuts
The Office of Management and Budget has directed agencies to take full advantage of the funding flexibilities they have under law as they implement the across-the- board sequestration cuts that went into effect March 1. In a new memo, OMB Controller Danny Werfel also directed agency and department leaders to be mindful of certain types of performance awards and to work with agency inspectors general before making cuts to IG offices.
Changes to COLAs, retirement
benefits included in 2014 budget
In his 2014 budget proposal, President Barack Obama will call for the implementation of the "chained Consumer Price Index" to measure inflation. The change will reduce cost-of-living adjustments for retired federal employees and Social Security recipients. He's also expected to propose changes to federal employees retirement programs.
Federal News Radio Engagement Survey
Federal News Radio strives to provide our readers and listeners with the best experience possible every time they visit our website, listen to our radio station, or engage with us via our various social media outlets. Now, it's your turn to tell us what you like and what you'd like to see Federal News Radio do differently. Plus, we're interested in learning more about how you use our various platforms as we continue to improve them. Help Federal News Radio by taking our brief, anonymous survey. (The survey will take approximately 10 minutes to complete.)