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12:58 pm, May 23, 2015

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GOP-controlled Senate ok's budget plan

The Republican-controlled Senate has approved a balanced-budget plan that calls for trillions in spending cuts and repeal of the controversial health care law to erase red ink by the end of the coming decade.

Tags: Senate , budget

Friday - 03/27/2015, 03:40am EDT

Pay, pension and TSP 'take-aways' you didn't order

In England and in some parts of this country, a "take away" is when you order a popular fast food and take it home with you. In Washington "take away" is the legislative-political equivalent of bend-over-and-smile-this-is-going-to-hurt-you-more-than-me, says Senior Correspondent Mike Causey.

Tags: Mike Causey , Congress , budget , pay and benefits , health care , benefits , TSP , G-fund , Federal Report , House Budget Committee

Friday - 03/27/2015, 02:00am EDT

House budget targets federal benefits, seeks smaller civilian workforce

The Fiscal Year 2016 budget the House passed Wednesday calls on federal employees to make greater contributions to their retirement plans, while altering the Thrift Savings Plan's G Fund. The budget also seeks to reduce the civilian workforce by 10 percent over the next 10 years through attrition.

Tags: budget , House , Tom Price , management , IRS , workforce , retirement , benefits , USPS , Michael OConnell

Thursday - 03/26/2015, 10:28am EDT

Jared Serbu, DoD Reporter, Federal News Radio

Even if Congress finally finds a way around sequestration, the drawdown plan the Army has already laid out would take it down to a size of 450,000 soliders within the next five years. Officials said they won't be able to shed 40,000 personnel just through attrition. As Federal News Radio's Jared Serbu reports, the Army is expected to involuntarily separate at least 14,000 more soldiers, and thousands more if the budget caps stay in effect.

Tags: Jared Serbu , Army , DoD , budget , sequestration , In Depth

Wednesday - 03/25/2015, 04:53pm EDT
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Jerry Hendrix, Defense Strategies and Assessments Program, CNAS

The House and Senate Budget Committees are working through plans today that would add funds to the Overseas Contingency Operations budget. But the White House has already said President Barack Obama won't sign a budget with a huge increase in OCO funding. Long-term financial planning for the military is one aspect of a long-term strategy detailed in a new work called "Avoiding Trivia: A Strategy for Sustainment and Fiscal Security." Retired Navy Capt. Jerry Hendrix is the author and senior fellow and director of the Defense Strategies and Assessments Program at the Center for a New American Security. On In Depth with Francis Rose, Jerry explained where the term "avoiding trivia" comes from and how it applies to military strategy.

Tags: Jerry Hendrix , Center for a New American Security , budget , Congress , DoD , In Depth

Wednesday - 03/25/2015, 04:43pm EDT
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House GOP budget targets TSP's G Fund

"It would drop the interest to virtually zero, which would make the G Fund worthless to our participants," the Federal Retirement Thrift Investment Board's Kim Weaver said of the House proposal.

Tags: TSP , FRTIB , budget 2016 , Kim Weaver , Emily Kopp , G Fund , House Budget Committee , budget

Monday - 03/23/2015, 02:23pm EDT

House Democrats release alternative budget plan

The Democrats' plan, introduced by House Budget Committee Ranking Member Chris Van Hollen, would further change the Budget Control Act to allow agencies more financial flexibility. Unlike the Republican plan to restore normalized funding to the Defense Department while continuing to scale back domestic programs, the Democrats want to restore funding for both defense and non-defense agencies.

Tags: budget , Chris Van Hollen , House Budget Committee , pay raise , sequestration , Congress , Sean McCalley

Monday - 03/23/2015, 05:16pm EDT

Julia Ziegler, Web Manager, Federal News Radio

Pay cuts and pay raises are always top of mind for federal employees. Now, with the 2016 budget debate opening up, several bills are taking aim at those pay levels and benefits. And that's prompted a lot of comments from you at FederalNewsRadio.com. Web manager Julia Ziegler joined Tom Temin on the Federal Drive to relay what you and your colleagues are saying.

Tags: Julia Ziegler , budget , pay and benefits , Federal Drive

Monday - 03/23/2015, 05:56am EDT
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GOP budget bills aim to bolster DoD funding, cut government waste

Republican lawmakers released their Fiscal Year 2016 budget plans this week, containing increased spending for the Pentagon, cuts for non-Defense operating budgets and a hike in federal employees' contributions to their retirement plans.

Tags: budget , management , Congress , House , Senate , FERS , retirement , pay raise , Mike Enzi , DoD , GAO , High Risk List , Michael OConnell

Friday - 03/20/2015, 04:46pm EDT
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