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Obama will veto any efforts to undo automatic cuts

President Obama said he would veto any efforts to undermine the automatic spending cuts that will go into effect because the debt reduction supercommittee failed to come up with a deal today.

Tags: supercommittee , Barack Obama , Congress

Monday - 11/21/2011, 08:01pm EST

Deficit 'supercommittee' struggles as clock ticks

The supercommittee is struggling.

After weeks of secret meetings, the 12-member deficit-cutting panel established under last summer's budget and debt deal appears no closer to a breakthrough than when talks began last month.

Tags: Congress , House , Senate , supercommittee , deficit reduction

Sunday - 10/09/2011, 02:41pm EDT

Long-range fix for Social Security proposed

If you're going to touch the third rail of American politics, do it the right way. National Academy of Social Insurance's Virginia Reno tells us how.

Tags: Federal Drive , Income Security Policy , National Academy of Social Insurance , Virginia Reno , Social Security , SSA

Wednesday - 11/17/2010, 10:41am EST

Connolly: U.S. Postal Service in a death spiral

Rep. Gerry Connolly weighs in on the USPS's debt woes

Tags: Federal Drive , Rep. Gerry Connolly , USPS , OPM , $75 billion , Congressional Spotlight

Thursday - 07/08/2010, 10:08am EDT

What does a Chained Consumer Price Index mean for COLAs?

A reduced COLA may be part of the debt ceiling negotiations. Arthur Stein is a certified financial planner and he tells you what you need to prepare for.

Tags: Federal Drive , pay and benefits , Arthur Stein , retirement , COLA ,

Friday - 07/15/2011, 10:31am EDT

Young adults may actually get a charge out of being in debt

The recession and the nation's debt crisis might make this counter intuitive, but young adults nowadays get a psychological boost from being in debt.

Tags: Rachel Dweyer , Ohio State University , National Longitudinal Survey of Youth , U.S. Bureau of Labor Statistics

Saturday - 06/11/2011, 11:30am EDT

New Year, new debt management plan

It's a New Year and a new strategy on debt management. CPA Freddie Cook joins hosts Bob Leins and Tammy Flanagan to give advice about how to get your finances in order.
January 3, 2011

Tags: pay and benefits , For Your Benefit , Bob Leins , Tammy Flanagan , Freddie Cook , debt management , financial plan , credit score , Thrift Savings Plan

Friday - 12/31/2010, 10:35am EST

Is there a solution in sight for the Postal Service's debt woes?

Learn more about a possible debt reduction option

Tags: Federal Drive , management , USPS , Lorie Nelson , Vyomika Jairam

Tuesday - 08/24/2010, 10:08am EDT

Man saws car in half to prove a point

Raymond Reeder's house on Kemp Lane has a sign that says, "Beware of bulldog."

Tags: Raymond Reeder , Saturn , Repo man ,

Saturday - 08/21/2010, 01:25pm EDT