debt ceiling

Bloomberg Government Editorial Director Loren Duggan outlined this week on Capitol Hill on Federal Drive with Tom Temin.

A creeping incompetence in handling the government seems to be overtaking Congress. Case in point? What’s going on with the MSPB.

Guest commentator Jeff Neal explains why his long-time optimism about working for the federal government may be fading if another shutdown happens this month or in October.

In today’s Federal Newscast, the Veterans Affairs Department releases its much anticipated community care standards, which lay out what veterans are allowed to get medical treatment from non-VA doctors.

In a few weeks Congress will have to agree whether to raise the debt ceiling threatening the next showdown. Yet at least the House has shown some bipartisanship.

In today’s Federal Newscast, the Congressional Budget Office says the Treasury Department will run out of funds by late March unless it’s raised.

Senior Correspondent Mike Causey says the G fund becomes a political football each time Congress debates raising the debt ceiling, and that makes many investors nervous.

The Treasury Department will have to take extraordinary measures, which may include borrowing from the Thrift Savings Plan’s G fund, for the next few months in order to keep the federal government from defaulting on its debts.

President Donald Trump once again threatened the possibility of a government shutdown, this time over funding for the construction of a wall along the southern border.

Budget experts say it’s only prudent for federal contractors to start preparing now for a possible government shutdown on Oct. 1.