Online MA in Public Policy Advance your career with New England College, considered a "hot spot" by politicians' on the campaign trail. (Advertisement) Daily Headlines for December 9, 2010 | The Best Date to Retire in 2011 | Many people are curious about the best day to retire in 2011. Well, the best day to retire in 2011 is the same as it was in 2010; that is December 31st. This is especially important for those who are planning on receiving a large annual leave payment, as the leave year ends on December 31, 2011 and anyone who retires after that date will lose any excess use-or-lose leave they have accrued. Posted: 12/9 | | Some Federal Employees Will Miss Out on a Proposed Tax Break | The new agreement on taxes, if it becomes law, would create a tax break for federal employees (and other Americans) who pay into Social Security. But what about those who are under the older CSRS system? These employees will lose the $400 credit and would not reap any benefit from the payroll tax cut. Posted: 12/9 | | House Democrats' Bill Freezes Most Federal Agency Budgets | Democrats controlling the House are promising to freeze the budgets of most Cabinet departments while wrapping Congress' unfinished annual spending bills into a single catchall measure. The bill combines the annual operating budgets for every federal department or agency. Posted: 12/8 | | Do Tax Cuts for the Rich Help the Economy? | Are the tax cuts approved during the administration of President Bush for the rich a kind of rocket-fuel for the economy? Or would this be an unfair giveaway to the rich at a time of historically large federal deficits? Readers and other Americans have been arguing for days about the topic. Here is a summary of the arguments. Posted: 12/9 | | Reading WikiLeaks and a Future with the Federal Government | Federal agencies have warned employees that reading the classified State Department documents released by WikiLeaks puts them at risk of losing their jobs. But what about students considering jobs with the federal government? Do they jeopardize their chances of a future career with Uncle Sam by reading WikiLeaks? Posted: 12/9 | | TSP: "Take Back Your LIFE" Cycle Funds | For those federal employees who are uncomfortable building their own personal Thrift Savings Plan (TSP) portfolio, or those who just do not want to deal with the twice-monthly hassle of manually reallocating between the different funds, the Lifecycle, or L Funds provide a great alternative. Posted: 12/7 | | RELATED HEADLINES: | | Shipping Made Easy the Postal Service Way |  | Mailing packages and other holiday greetings is easy when you know about the many services the Postal Service offers its customers. Almost every day this past week Ive printed -- and paid the postage for -- a mailing label by using usps.com. After getting my package ready, I request Carrier Pickup online and leave the package at my front door for my letter carrier to pick up the next day. Posted: 12/8 | | RELATED HEADLINES: | Previous Articles on FedSmith.com Federal Employee Pay Freeze as a Political Symbol President Obama has proposed a two-year pay freeze for federal employees. While the freeze will impact most readers, the action may be more important as to what may be in store for federal agencies and federal employee benefits in the future. Federal Budget (and Federal Employee Salaries) Tied Up in "Lame Duck" Congress 2012 is shaping up to be an interesting year for many readers as federal employee benefits and wages are likely to again have front page publicity as the federal budget is debated in the midst of massive federal deficits and federal spending. Commission Fails to Get Votes to Move Deficit Recommendations to Congress The National Commission on Fiscal Responsibility and Reform members failed to get the number of votes needed to send the deficit reduction plan they released earlier in the week to Congress for a vote. About this Email The FedSmith.com FREE daily email newsletter is sent each business day with a snapshot of the latest news headlines. FedSmith.com is growing every day as an influential Internet news Web site for the Federal community. Please forward this newsletter to your colleagues so they can also receive our latest news headlines each business day. Go to http://www.fedsmith.com/email_list to sign up for a free subscription, change your email address, or to unsubscribe. Be sure to respond to the confirming email. | Daily TSP Rates | For December 8, 2010 | | | Close | Change | YTD | | G | $13.4679 | +0.0009 | +2.66% | | F | $14.1805 | -0.0385 | +6.34% | | C | $14.8399 | +0.0585 | +12.27% | | S | $20.6455 | -0.0282 | +25.42% | | I | $19.5633 | +0.0714 | +5.54% | | L 2040 | $17.4480 | +0.0338 | +11.6% | | L 2030 | $17.0808 | +0.0299 | +10.48% | | L 2020 | $16.6914 | +0.0251 | +8.95% | | L 2010 | $15.9800 | +0.0081 | +4.99% | | L Income | $14.5852 | +0.0074 | +5.08% | More TSP Rates and Info are available at the TSP Corner Contacting FedSmith.com Please do not reply to this email. To ensure your email is read by a staff member contact FedSmith.com through our contact page. Advertise with Us Your ad could be in this email or on our site! Learn how to market to our wide and rapidly growing federal audience - click here. Have a New Email Address? 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