The House is expected to quickly pass a bill the Senate approved last night that would end furloughs for air traffic controllers. The legislation gives the Federal Aviation Administration the authority to transfer up to $253 million from accounts flush with funds into other programs. This would would help to prevent reductions in operations and staffing through the end of fiscal year 2013.
A major restructuring at the Department of Housing and Urban Development will close or consolidate dozens of the agency's field offices nationwide and affect 10 percent of its 9,000-member workforce. HUD officials said the current organizational model is not sustainable given the constrained budget the agency faces.
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 24, 2013
A week after the bombings in Boston and the catastrophic explosion in Texas, key federal agencies have unveiled or are refining their plans to furlough tens of thousands of workers, including those who protect the country and those who collect the money to pay the bills, Senior Correspondent Mike Causey says. And this makes sense because...
The White House tells "a majority" of career staff not to come to work. It's the first of 10 furlough days over the next six months. Labor, FAA and EPA also have or are furloughing employees.
Politicians first said it couldn't happen, then that it shouldn't happen and, finally, we were assured it would never happen. One problem, it -- sequestration-triggered furloughs -- did happen. Not as quickly as some predicted. But they are with us, as federal agencies juggle their finances, Senior Correspondent Mike Causey says.
If Congress doesn't pass comprehensive postal reform legislation soon, it could find itself forced to bail out the financially troubled U.S. Postal Service to the tune of billions of dollars, said Postmaster General Pat Donahoe. The postmaster general said in a speech at the National Press Club he's optimistic Congress will pass postal reform legislation this year.
The agency has identified five furlough days where it will, essentially, shut down entirely. A memo sent Friday to IRS staff from Acting Commissioner Steven Miller said the furlough days will start in May and continue through August.
Homeland Security, Defense and USDA are asking the Office of Management and Budget for the ability to reprogram agency funds to soften the blow of sequestration. DHS Secretary Janet Napolitano said the agency must cut $3 billion by Sept. 30 and every mission, contract and person will be impacted in some way. She said the Coast Guard already is feeling the impact of the cuts in mission areas.
Advocacy organizations are criticizing the Pentagon's proposed fee increase for TRICARE as unfair and discriminatory.
On this week's Capital Impact show, Bloomberg Government analysts discuss President Obama's 2014 budget proposal, and patent litigation settlements involving pharmaceutical companies. April 18, 2013
Defense agencies and services are pulling back hundreds of millions of dollars worth of grants and contracts. Impending furloughs will further impair DoD's ability to get money out the door.
Furloughs are still on the radar, Senior Correspondent Mike Causey says. But are they getting any closer? What are your odds of working four-day weeks this summer?
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
Federal, military and Social Security retirees would receive smaller benefits in the future if the government switches to a new yardstick to measure inflation. How much would it cost you? Maybe more than you think, Senior Correspondent Mike Causey says.