Federal employees have a major stake in the debate over whether, and how, the government should back away from the “fiscal cliff” and potential for automatic “sequestration” cuts to programs starting in January.
Agencies have begun making plans for a sequester that could include steps such as hiring freezes, unpaid furloughs and even layoffs. However, the exact impact remains unknown.
Meanwhile various proposals to avoid the sequester are circulating, including some that would protect federal employees and others that would affect federal jobs, pay and benefits.
Following are 10 key questions employees are asking, and the answers as best as they can be determined at this point. Continue reading “Federal worker Q&A guide to the fiscal cliff: Ten answers on jobs, cuts and more”
By: Rebecca Blatt // July 30, 2012
Stan Soloway, president and CEO of the Professional Services Council, addresses federal contractors at a meeting called “OMG: What if sequestration happens?” in Arlington, Va. earlier this month.
As deadline looms, planning for the worst and hoping for the best
There’s a lot of talk around Washington these days involving a nasty “s”-word: sequestration. It’s the name given to the deep, across-the-board federal spending cuts set to go into effect in January if Congress does not intervene.
These cuts were meant to be an incentive for a Congressional “super committee” to find an alternative way to reduce the deficit, but its failure to reach any agreement triggered $1.2 trillion in reductions during the next decade. As the deadline approaches for lawmakers to avert the cuts, many local leaders are concerned.
“When you tie your economy to one horse, it really has to be a good horse. And ours has come up lame now,” says Stephen Fuller, director of George Mason University’s Center for Regional Analysis. Continue reading “Part 2: D.C. Area Braces For Impacts Of Federal Budget Cuts”