Search Tags:  Center for Budget and Policy Priorities

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 ,

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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

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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

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