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Congress
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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.
December 20, 2012 -
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If Congress and the White House change the yardstick used to measure inflation, will retirees barely notice or will they have to go on a diet of Hamburger Helper and Ramen Noodles? Check out Senior Correspondent Mike Causey's column for more.
December 20, 2012 -
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Federal Times senior writers Sean Reilly and Stephen Losey will update us on sequestration, buyouts, and the big issues affecting federal workers in 2013. December 19, 2012
December 19, 2012 -
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Congress has cleared the way for a $633 billion defense policy bill that includes mandated reductions to the Defense Department's civilian and contractor workforces. Leaders of a House-Senate conference committee, tasked with reconciling competing versions of the 2013 National Defense Authorization Act, included in the final report the automatic workforce reductions that opponents say would result in about 36,000 job losses.
December 19, 2012 -
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The movie "Zero Dark Thirty" suggests the CIA's harsh interrogation techniques led the U.S. to Osama bin Laden. Sen. John McCain watched the movie Monday night and says it left him sick - because it's wrong.
December 19, 2012 -
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Defense analyst Jim McAleese reviews the Defense Authorization Bill agreed on by both the Senate and the House yesterday. OPM Director John Berry says proposed rules to implement phased retirement are on the fast track. Rep. John Sarbanes (D-Md.) discusses changes that will make it easier for feds to telework. Rep. Gerry Connolly (D-Va.) talks about benefits that will help retain federal employees. Vivian Reifberg of McKinsey & Co. talks about why the current administrative transition is so important. Alex Bolton of The Hill discusses the fiscal cliff negotiations.
December 19, 2012 -
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Director John Berry said the agency's Innovation Lab is helping to take a different, more rapid approach to developing the proposed rule to implement the new program. Rep. Gerry Connolly (D-Va.) also is suggesting the creation of a "leave bank" for workers who leave federal service but plan to return. Berry said that's an innovative idea OPM may look at.
December 19, 2012 -
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In the fiscal-cliff talks, it now appears that both sides have blinked. Republicans appear willing to accept some higher taxes and Democrats seem to have agreed that Social Security's growing costs must be curtailed. Slightly and slowly. So how will the proposals affect you? Check out Senior Correspondent Mike Causey's column.
December 19, 2012 -
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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.
December 18, 2012 -
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Bob Litan of Bloomberg Government talks about a new study on reducing the deficit. Procurement attorney Joe Petrillo weighs in on a recent GAO decision. Lisa Pape discusses the Veterans Health Administration's efforts to reduce homelessness among veterans. Charles Paidock of the NFFE union talks about a proposal that would have some feds emptying their own waste bins. Hord Tipton reviews how the certification process is keeping up with new technology.
December 18, 2012 -
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If Congress and the White House cut a last-minute deal to avoid sequestration and the fiscal cliff, some of the compromise may come out of your hide, whether you are active or retired, Senior Correspondent Mike Causey says.
December 18, 2012 -
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Wells Fargo Advisors' Joe Sullender says any tax deal between Congress and the president will probably change your income taxes less than you think.
December 17, 2012 -
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If you could pick any historical event to relive, it probably wouldn't be the maiden voyage of the Titanic — that didn't go well. And now, 100 years later, federal, military and Social Security retirees are just becoming aware of a political iceberg that could punch a hole in their future benefits, Senior Correspondent Mike Causey says.
December 17, 2012 -
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The House this week approved a handful of bills aimed at improving federal financial management and oversight of government operations. Two of the bills — one requiring the Homeland Security Department to pass a complete financial audit and the other lightening the mandatory caseload of the Government Accountability Office — have already been passed by the Senate and head to the president's desk for his signature.
December 14, 2012
