Does the battle over the debt limit have an impact on the TSP super-safe G fund?
Updated April 18, 2011. This story has been corrected to state a three-year freeze instead of a five-year freeze. Comments in the press conference noted a five-year freeze. By Jolie Lee Federal News Radio House…
Managing editor of The Hill, Bob Cusack gives us 10 things to watch for during the contentious debate.
Republicans invited to a White House meeting with President Barack Obama on the troubling national debt are trying to build up pressure for trillions in spending cuts in exchange for any increase in the government’s ability to borrow. We get an update from The Hill’s Josiah Ryan.
Jay Powell is a visiting scholar at the Bipartisan Policy Center and former Treasury undersecretary for President George H.W. Bush.
Alan Boykin, chief learning officer at the National Contract Management Association, told Federal News Radio that government and industry should keep the lines of communication open, especially as uncertainty abounds about how the failure to raise the debt ceiling would impact federal spending.
Bruce Moyer, spokesman for the Federal-Postal Coalition, joined Your Turn with Mike Causey to discuss the group’s efforts to learn information about what a government default would mean for federal employees. The coalition, made up of scores of federal groups, sent a letter to administration officials last week seeking information about a possible shutdown, federal furloughs and the impact of a default on the assets of the G Fund of the Federal Employees’ Retirement System.
Trey Hodgkins, senior vice president for Global Public Sector at TechAmerica, will discuss how sequestration and other issues will affect contracting and acquisition. October 8, 2012
Just about every federal investor knows that the super-safe, never-has-a-bad day Treasury securities G Fund is the place to be when times are tough, Senior Correspondent Mike Causey says. But what happens if Uncle Sam loses the ability to borrow in order to pay off debts? Where should G Fund investors go?
The House has postponed a vote on a bill to extend the federal pay freeze through the rest of 2013. In its place, the House is set to vote on a measure withholding congressional pay unless lawmakers pass a budget — part of a broader deal to extend the debt limit.