Daily Headlines for April 16, 2011 | No Proposed Change to Federal Retirement, Pay Systems in Budget Proposal | The latest budget proposal from the administration does not adopt many of the recommendations from the deficit reduction commission and does not propose substantial changes to the federal retirement system. Here are some of the changes proposed to save money by the federal government that will impact some in the federal community--including one agency where the agency would initiate a buyout of jobs no longer needed.
Posted: 4/16 |
| House Passes $6.2 Trillion Budget Cut Plan | House Republicans pushed to passage the $6.2 trillion cost cutting plan by Budget Committee Chairman Paul Ryan. The GOP budget passed 235-193 with every Democrat voting "no."
Posted: 4/15 | | RELATED HEADLINES: |
| "You Think We're Stupid?" | President Obama had some criticism for Republicans about the budget debate, but he may not have intended for everybody to hear him.
Posted: 4/15 | | RELATED HEADLINES: |
Previous Articles on FedSmith.com OMB to Agencies: Business as Usual
A memorandum from OMB director Jacob Lew indicates that federal agencies are open for business as usual following the budget agreement late Friday night. Five Day Mail Delivery? GAO Weighs In
The GAO has issued a report on the potential cost savings vs. risk factors for the USPS moving to a 5 day mail delivery schedule. According to GAO, the new schedule would likely result in substantial savings, however the extent of these savings depends on how effectively it is implemented. VA Undersecretary: All VHA Employees Will Continue to Work and Be Paid
This memo was provided to FedSmith.com by a reader with the VHA. It says that the VHA has sufficient funds and will continue to operate and pay its employees normally in the event of a shutdown. About this Email The FedSmith.com FREE daily email newsletter is sent each business day with a snapshot of the latest news headlines. We also send occasional updates during the day for breaking news or special events. Be sure to check our site throughout the day as we continually post new stories. | Daily TSP Rates | For April 15, 2011 | | | Close | Change | YTD | G | $13.6022 | +0.0011 | +0.85% | | F | $14.3685 | +0.0539 | +0.98% | | C | $16.0447 | +0.0630 | +5.5% | | S | $22.7904 | +0.1867 | +7.28% | | I | $20.9584 | -0.0388 | +4.75% | | L 2050 | $10.3214 | +0.0315 | 0% | | L 2040 | $18.6547 | +0.0541 | +4.76% | | L 2030 | $18.1321 | +0.0454 | +4.27% | | L 2020 | $17.5564 | +0.0348 | +3.62% | | L Income | $14.9465 | +0.0137 | +1.84% | | More TSP Rates and Info are available at the TSP Corner Contacting FedSmith.com
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