Budget deal could target federal pensions, Social Security, other benefits

Budget deal could target federal pensions, Social Security, other benefits

Cuts to federal pensions, Social Security and other benefits could be on the table during negotiations on a longer term federal budget.

The Budget Conference Committee, created in the wake of the 16-day government shutdown, reportedly is considering major changes to a number of federal benefits programs as part of a deal to replace the across-the-board budget cuts known as sequestration.

These cuts could include: Continue reading “Budget deal could target federal pensions, Social Security, other benefits”

Budget deal could target federal pensions, Social Security, other benefits

Budget deal could target federal pensions, Social Security, other benefits

Cuts to federal pensions, Social Security and other benefits could be on the table during negotiations on a longer term federal budget.

The Budget Conference Committee, created in the wake of the 16-day government shutdown, reportedly is considering major changes to a number of federal benefits programs as part of a deal to replace the across-the-board budget cuts known as sequestration.

These cuts could include: Continue reading “Budget deal could target federal pensions, Social Security, other benefits”

Throwing-Grandma-Off-Cliff Ads Dim Odds of Medicare Cuts

By Julie Bykowicz – Nov 13, 2013 5:45 PM CT

A television ad that aired briefly in August 2012 stands as a warning today for lawmakers who want to cut Social Security and Medicare.

A man in a dark suit acting as Wisconsin Representative Paul Ryan, then the Republican Party’s vice presidential candidate, pushes a wheelchair carrying a panicked-looking grandmother to the edge of a cliff. He dumps her over the rocky ledge. “Is America Beautiful without Medicare?” the ad asks.

Republican vice presidential candidate, Rep. Paul Ryan, R-Wis., appears at the AARP convention in New Orleans, on Sept. 21, 2012. (AP Photo/Bill Haber)

The commercial, produced by the Democratic-aligned Agenda Project, ran only a few times in Ohio, Florida and Colorado during last year’s presidential campaign. Its enduring imagery illustrates the power of the lobbying coalition that guards the health and financial programs for seniors.

The effort to protect Social Security and Medicare is led by AARP and its 37 million members. They’re joined by unions and Democratic-activist groups such as MoveOn.org, the Progressive Change Campaign Committee, and the New York-based Agenda Project and its action fund. Continue reading “Throwing-Grandma-Off-Cliff Ads Dim Odds of Medicare Cuts”

Deficit-reduction plans could impact federal workers, military and veterans

Deficit-reduction plans could impact federal workers, military and veterans

Federal workers, military personnel and veterans could take a hit under more than a dozen deficit-reduction options the nonpartisan Congressional Budget Office detailed in a new report Wednesday.

The potential impacts range from reduced pensions and cost-of-living raises for federal employees to capped pay increases for military personnel and stricter eligibility requirements for veterans’ disability.

Sen. Patty Murray (D-Wash.) talks to an aide during a conference on the budget. (Alex Wong/Getty).

Sen. Patty Murray (D-Wash.) talks to an aide during a conference on the budget. (Alex Wong/Getty)

The agency released its report shortly after a congressional conference committee held its second meeting to discuss budget matters and ways of avoiding another government shutdown like the one that occurred in October. The talks have yielded few signs of progress so far. Continue reading “Deficit-reduction plans could impact federal workers, military and veterans”

Government Could Save Billions By Reducing Federal Pay and Benefits

Government Could Save Billions By Reducing Federal Pay and Benefits

Some of the major proposals floated by lawmakers and the Obama administration to reduce the pay and retirement benefits of federal employees and service members would save the government at least $265 billion over the next decade, according to a new analysis from the nonpartisan Congressional Budget Office.

CBO detailed 103 policy options for decreasing government spending and increasing revenue over the next decade in a 305-page report released on Wednesday, including several that would affect the pay, benefits and size of the federal civilian and military workforce. The office does not make policy recommendations; it provides cost estimates of legislation and federal spending projections and analyses. The latest comprehensive report on options for reducing the deficit looks at possibilities for savings across a range of areas, including defense, health care, Social Security, taxes and veterans’ benefits, as well as federal employment.

Continue reading “Government Could Save Billions By Reducing Federal Pay and Benefits”