For most of 2011, it looked as if federal workers were about to be bent, folded, stapled or otherwise mutilated by politicians. After the dust settled, the government is still with us. How come?
Are you better off financially slogging it to work or sleeping in five days a week? Some people say that all things considered they would be better off as a retiree than as an office serf. So do the math, Senior Correspondent Mike Causey says.
Bureau of Labor Statistics reports that in 2011 federal employees\' paychecks increased by 1.3 percent compared to a 1.2 percent increase in the private sector.
Host Mike Causey will talk about the Thrift Savings Plan with Tom Trabucco, director of External Affairs at the Federal Retirement Thrift Investment Board. Also on the show - CBS Moneywatch\'s Allan Roth. December 21, 2011
Former Virginia Congressman Tom Davis discusses congressional gridlock over the budget and the payroll tax cut extension, and the potential fallout that federal employees may face.
Do you know any well-endowed feds? You know — people who have more than it takes? So how did they get that way? Check out Mike Causey\'s Federal Report and learn the secrets of the masters.
The House has blocked the Senate\'s version of a two-month payroll tax cut extension.
Julie Tagen, legislative director for the National Association of Active and Retired Federal Employees, told Federal News Radio that certain provisions in the bill would affect federal employees.
Inflation dropped last month but that won\'t have any impact on the 3.6 percent cost-of-living adjustment coming to retired feds in a couple of weeks. But some will get more than others.
Federal employees were safe from another year of a pay freeze and changes to their annuity formula in the two-month payroll tax cut bill passed by the Senate this weekend. But now House Republican leaders are shunning the bipartisan bill, wanting to write their own version.
Federal employees have dodged a bullet...for now. Congress will not freeze federal pay or change the annuity formula to pay for the two-month extension of the payroll tax cut.
Without Congressional action, the public transit benefit that many federal employees use to take the subway, bus or vanpool to work will decrease on Jan. 1 from $230 to $125 per month. Feds said, for the most part, they\'ll continue to use mass transit even if it costs them more to get to work.
According to some experts, the ancient Mayans played soccer with human heads. We know for a fact that politicians play chicken with paychecks — as in your paycheck, Senior Correspondent Mike Causey says.
If the bad news coming out of Congress sounds familiar, there is a reason for it, Senior Correspondent Mike Causey says. You\'ve heard it lots of times this year, and we\'re only halfway through the month of December ...
Host Mike Causey is joined by Jessica Klement of the Federal Managers Association, and Federal Times reporters Stephen Losey and Sean Reilly. December 14, 2011