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Search Tags: American Banker
Those federal budget resolutions will need to wait thanks to healthcare reform. Leaders of the House and Senate budget committees say their panels probably won't take up budget debate, including your federal pay raise, until after the spring recess which starts on March 29.
Of all the questions being asked about the president's budget proposal, one of the biggest is how the heck they're going to get through it all before October. Federal News Radio learns why feds should stop worrying and learn to embrace the budget. Repeat over and over, "it's just a proposal, it's just a proposal."
The Administration announced adjustments to the Home Affordable Modification Program (HAMP) and to the Federal Housing Administration (FHA) programs. American Banker's Jodi Schneider breaks it down for us.
Jodi Schneider, congressional expert and senior editor in the Washington bureau of the American Banker joins the Federal Drive to talk about the cost of health care reform.
A peek at political, and agency, fortunes in 2010, including pay raises for feds and the possibility of layoffs.
Pushing toward a history-making vote, Democrats struggled to eliminate lingering complications standing in the way of House action this weekend on President Barack Obama's landmark health care overhaul.
Legislation blending help for the jobless with popular tax breaks for businesses and individuals is slated to pass the Senate Wednesday over protests from conservatives who say it adds too much to the $12.5 trillion national debt.
Facing harsh criticism from Democrats, Senator Jim Bunning surrendered opposition to the extension of unemployment and health benefits for roughly 400-thousand jobless Americans needed continued federal assistance. After Bunning stepped aside Tuesday night, the Senate voted 78-to-19 to extend the benefits for 30 days. Bunning said it was hypocritical for Democrats to present a bill that is not fully paid for when they also support "pay as you go" legislation.
President Barack Obama is expected to deliver a State of the Union message tonight that focuses heavily on the economy and jobs creation. He'll likely offer fresh detail about how he wants to help businesses hire again and how he hopes to salvage a health care overhaul.
It's gut-check time for President Barack Obama and congressional Democrats on their health care overhaul. Federal employees can at least hope the excise tax will get lost in the shuffle.