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Search Tags: government shutdown
Hardship withdrawals shot up in the first few weeks of October and thousands more employees opted to shift their investments out of higher-risk areas and into the G Fund, TSP officials said at at the board's monthly meeting Monday. During the shutdown, some 8,200 participants requested hardship withdrawals, compared to 5,500 during the same period of time last year.
Virtually every one of DoD's acquisition programs took a hit from sequestration in the first year of sequestration, officials from each of the military services told lawmakers this week. But the next few years of the 10-year spending restrictions could be much more painful, especially if Congress doesn't return to the process of enacting regular appropriations bills.
On this week's Capital Impact show, Bloomberg Government analysts will examine the impact of the 340B Drug program on so-called "safety-net" hospitals, and how the government shutdown has affected the economy.
October 24, 2013
Tags: acquisition , contracting , Affordable Care Act , 340B program , safety net hospitals , economy , Allen Scott , Brian Rye , Nela Richardson , Janet Yellen , Federal Reserve , Bloomberg Government , Capital Impact
Key politicians from both parties have said never again will there be a government shutdown like the farce of 2013, Senior Correspondent Mike Causey reports. So if it is safe to write the shutdown's obituary, where would you start?
Financial planner Arthur Stein will discuss what you can do to protect your assets in the event of another government shutdown, and Sean Reilly will talk about the possibility of another shutdown, and what's ahead for feds.
October 23, 2013
Top politicians have vowed there will be no more shutdowns. But they've said that before, including as recently as this month, Senior Correspondent Mike Causey says. So what can you do if there's a repeat performance?
Eighty-three percent of respondents to a Federal News Radio online poll said morale at their workplace is now worse than before the shutdown. Another 5 percent of respondents said they didn't feel personally affected but the morale of their co-workers had worsened. Federal workforce experts and employees, themselves, say the the two-week government shutdown has opened up a rift of resentment between groups of federal employees which, in part, is fueling the morale drain.
Tags: management , budget , Congress , workforce , Sean Morris , Deloitte , John Palguta , Partnership for Public Service , Cindy Blythe , Steve Ressler , GovLoop , Federal Drive , Tom Temin , Emily Kopp , Jack Moore
Army officials say the service is facing uncertainty times after weathering a series of continuing resolutions, sequestration and a partial government shutdown. Meanwhile, a new round of automatic budget cuts may be on the horizon if Congress doesn't pass a new budget come January.
Whatever the political purpose of the shutdown, it apparently didn't work. It amounted to a 16-day paid vacation for a lot of federal workers and lost income for lots of people, Senior Correspondent Mike Causey says. So what did you do?