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Search Tags: pay raise
Financial Planner Art Stein and Federal Times Senior Staff Writer Stephen Losey join host Mike Causey to talk about a number of issues affecting federal workers.
April 17, 2013
The Defense Department's 2014 budget proposal reduces the size of the civilian workforce slightly, increases TRICARE premiums, and requests another round of base closures. It also calls for a slight raise for both civilian employees and uniformed servicemembers. The budget significantly exceeds the Defense spending caps in current law.
President Barack Obama will recommend a 1 percent pay increase for federal employees in his fiscal 2014 budget request, according to federal-employee unions. The pay increase will apply to both civilian federal workers and military members. The White House is expected to release its full budget request next month.
Rep. Ron DeSantis (R-Fla.) introduced a bill that would block a 0.5 percent pay raise for federal workers slated to go into effect March 27. In an executive order issued late last month, President Barack Obama mandated a 0.5 percent pay increase.
Senior Correspondent Mike Causey ponders whether the prospect of a March pay raise - after two years in the deep freeze - makes you giddy with excitement. Have you already started planning on what you will do with that extra dollar a day?
Looking for something to take your mind off the pending pay freeze extension? If so, consider the prospect of higher taxes, lower take-home pay and higher health insurance premiums, Senior Correspondent Mike Causey says.
President Barack Obama told congressional leaders Tuesday that he was implementing a 0.5 percent pay increase for federal employees that would go into effect next April. Congress is expected to pass a Continuing Resolution when it returns to Washington in September to avoid an Oct. 1 government shutdown. Obama extended the pay freeze through the duration of that CR.
Do you have the feeling that all politicians hate you? Are you disappointed that the proposed federal pay raise will bring the average worker less than $400 a year? There may be light at the tunnel, Senior Correspondent Mike Causey says — whether its sunshine or a freight train is yet to be determined.
The Financial Services and General Government spending bill seeks to cut $2 billion from the president's request. The bill says nothing about granting feds a pay raise in 2013. The House committee follows the lead of Senate appropriators, which also remained silent on the issue.
Worried about another pay freeze next year? Thinking about retiring to get a cost of living adjustment? Timing is everything, and for some people its already too late, Senior Correspondent Mike Causey says.