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Search Tags: fiscal cliff
The House approved a bill Thursday requiring federal employees to contribute more toward their retirement as part of a broader deal to avert the the so-called fiscal cliff. The 2012 Spending Reduction Act is nearly identical to a measure passed by the House last spring.
The House will be back in session Sunday evening as the "fiscal cliff" looms, threatening across-the-board tax increases and spending cuts with the new year.
OPM published a guide providing agency human-resources officials with more information about "administrative furloughs," which are different from those stemming from government shutdowns because agencies typically have more time to plan their spending reductions. The Obama administration has reassured reassured federal agencies that sequestration won't have an immediate impact on the federal workforce or day-to-day government operations.
The House will miss the midnight Monday deadline lawmakers set for voting to avoid the "fiscal cliff." House Republicans notified lawmakers that the chamber will vote Monday evening on other bills. They say that will be their only votes of the day.
Highlights of a bill approved Tuesday by the Senate aimed at averting wide tax increases and budget cuts scheduled to take effect in the new year.
William R. Dougan, national president of the National Federation of Federal Employees, said Tuesday the Senate's fiscal cliff bill will lead to a political standoff that will leave federal employees with an uncertain future.
New version of sequestration would reduce overall tab to DoD but compress across-the-board cuts into just seven months. A leading-think tank's "back of the envelope" calculations show the military would have to furlough almost every civilian.
Janet Kopenhaver from Federally Employed Woman and Federal Times Senior Writer Sean Reilly, join host Mike Causey to talk about what would happen if the federal government were to shut down.
January 16, 2013
Tags: pay and benefits , government shutdown , sequestration , Janet Kopenhaver , Federally Employed Women , Federal Times , Sean Reilly , furloughs , hiring freeze , Combined Federal Campaign , USPS , National Association of Letter Carriers , Mike Causey , Your Turn
On this week's Bloomberg Government Capital Impact show, analysts examine NASA's acquisition forecast for this year, and the legislative agenda on Capitol Hill.
January 10, 2013
Tags: acquisition , acquisition workforce , NASA , Contracting , Congress , budget battle , sequestration , Hurrican Sandy , Matthew Zisman , Cameron Leuthy , Loren Duggan , Allen Scott , Bloomberg Government , Capital Impact