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Fed groups pounce on Obama's COLA-cutting proposal

In the latest proposals traded back and forth between the White House and Boehner, the President proposed changing the formula the Labor Department uses to measure inflation which would reduce annual COLAs for Social Security beneficiaries, including federal and military retirees. Federal-employee unions and groups remain worried the COLA proposals are still very much on the table.

Tags: Congress , John Boehner , Barack Obama , fiscal cliff , pay and benefits , benefits , retirement , COLA , chained CPI ,

Tuesday - 12/18/2012, 05:10pm EST

More taxes, more jobs?

President Barack Obama branded Republicans on Tuesday as electoral opportunists more concerned about their own interests than the people's, taking a political risk by escalating criticism of the very lawmakers he's urging to work with him.

Tags: FY 2011 budget , budget , James Horney

Wednesday - 02/03/2010, 09:08am EST

Congress resets the Countdown to Shutdown

The Senate has sent a stopgap spending bill to President Barack Obama that's needed to prevent a government shutdown. Negotiators in the lame-duck Congress now have two more weeks to try to pass a bill funding the government through September 30. Chuck Marr, with the Center for Budget and Policy Priorities, explains what's next.

Tags: Federal Drive , Congress , continuing resolution , FY 2011 budget , Chuck Marr , Suzanne Kubota

Friday - 12/03/2010, 10:07am EST