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Search Tags:  fiscal cliff

Obama talks Petraeus probe, reforming government in post-election news conference

In his first news conference since Election Day, President Barack Obama took questions from reporters on a range of issues, including impending across-the-board budget cuts and the widening sex scandal that ensnared CIA Director David Petraeus.

Tags: Barack Obama , budget , Congress , David Petraeus , Mitt Romney

Friday - 02/15/2013, 04:13pm EST
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Tips for following the 'fiscal cliff' negotiations

President Barack Obama and leaders of the lame-duck Congress may be just weeks away from shaking hands on a deal to avert the dreaded "fiscal cliff." So it's natural to wonder: If they announce a bipartisan package promising to curb mushrooming federal deficits, will it be real?

Tags: Barack Obama , John Boehner , Congress , budget , sequestration

Friday - 02/15/2013, 04:09pm EST

How far over the 'fiscal cliff' could they go?

The dealmakers who warn that a year-end plunge off the "fiscal cliff" would be disastrous don't seem to be rushing to stop it. Why aren't they panicking?

Tags: sequestration , Barack Obama , Congress , John Boehner , budget

Friday - 02/15/2013, 04:04pm EST

Lawmakers laying odds against sequester taking place

Sens. Mark Warner and Bob Corker and Rep. Chris Van Hollen all believe there is at better than a 50 percent chance Congress and the White House will agree on a budget reduction plan before Jan. 1. But federal pay and benefits, and contract spending remain on the table to be part of the cuts.

Tags: management , Congress , Mark Warner , Chris Van Hollen , Bob Corker , Bloomberg Government , Deloitte , budget , sequestration , Jason Miller

Friday - 02/15/2013, 04:03pm EST
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In deficit talks, fed groups fear alternatives could cut benefits

Many in government are worried about the threat of sequestration, the across-the-board budget cuts set to take effect in January unless Congress and the White come up with an alternative deficit-cutting plan. But federal employee groups and sympathetic lawmakers are also concerned about such alternatives -- if they contain changes to federal employee pay or compensation. Rep. Chris Van Hollen (D-Md.) and a slate of federal-employee unions and groups are warning of such proposals in the deficit talks to replace sequestration.

Tags: Congress , sequestration , pay and benefits , Chris Van Hollen , Federal-Postal Coalition , Jessica Klement , NARFE , Bruce Moyer , retirement contribution

Friday - 02/15/2013, 04:00pm EST

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 , pay and benefits , benefits , retirement , COLA , chained CPI , Center for Budget and Policy Priorities

Friday - 02/15/2013, 03:51pm EST

Boehner: Up to Democrats to prevent budget cuts

Tags: John Boehner , budget 2014 ,

Thursday - 02/14/2013, 03:04am EST
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