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Search Tags: debt limit
On this week's Bloomberg Government Capital Impact show, analysts examine the hurdles that remain for natural gas vehicles. Plus what does the future hold for housing, jobs and the debt limit in 2013?
January 31, 2013
The House has postponed a vote on a bill to extend the federal pay freeze through the rest of 2013. In its place, the House is set to vote on a measure withholding congressional pay unless lawmakers pass a budget — part of a broader deal to extend the debt limit.
Just about every federal investor knows that the super-safe, never-has-a-bad day Treasury securities G Fund is the place to be when times are tough, Senior Correspondent Mike Causey says. But what happens if Uncle Sam loses the ability to borrow in order to pay off debts? Where should G Fund investors go?
Speaker John Boehner says the GOP-controlled House will "do its job" and pass legislation to lift the nation's borrowing cap and keep the government running, but will insist that Democrats accept new spending controls.
Trey Hodgkins, senior vice president for Global Public Sector at TechAmerica, will discuss how sequestration and other issues will affect contracting and acquisition.
October 8, 2012
Tags: acquisition , contracting , Trey Hodgkins , Tech America , 2012 Vision Conference , sequestration , IT manufacturing , continuing resolution , procurement , FITARA , shared risk , Mark Amtower , Amtower Off Center
The board that oversees the Thrift Savings Plan is reminding federal employees that their G Fund investments are safe — even if the government reaches the debt ceiling and cannot issue new securities to the G fund.
Susan Irving, GAO's director for federal budget analysis, has details of the report on the government's fast-approaching debt limit.
Bruce Moyer, spokesman for the Federal-Postal Coalition, joined Your Turn with Mike Causey to discuss the group's efforts to learn information about what a government default would mean for federal employees. The coalition, made up of scores of federal groups, sent a letter to administration officials last week seeking information about a possible shutdown, federal furloughs and the impact of a default on the assets of the G Fund of the Federal Employees' Retirement System.