congress

2017 Pay Raise Approved for Federal Employees on GS Pay Scale

36 comments

[2017 Confirmed GS Pay Raise] The president has excised his executive power and given government employees on the GS pay scale and armed service members one of the largest raises in recent times. Civilian employees will receive a combined 1.6 percent raise (vs 1.3 percent last year) per the earlier update, which is made up of an […]

Read the full article →

Short-Term Budget Deal Reached That Includes Back Pay Plus 1% 2014 Pay Raise for Government Workers and Pay Freeze For Congress

1 comment

A short term budget deal has been reached and the government shutdown is over. The debt ceiling has also been raised which will allow the nation to pay its bills and service new debt/payment obligations. But the deal legislation includes a few interesting provisions which are summarized below The Senate brokered budget deal would finance […]

Read the full article →

2014 SNAP (Food Stamp) Program Facing Billions in Spending Cuts as Farm Bill Debate Rages

2 comments

[Updated November 2013]  Without an extension to the 2009 stimulus funding for the Food Stamp/SNAP program, millions of Americans who rely on this program are going to see a cut in their benefits. The overall cut to the the program is around $5 billon dollars with the CBPP estimating the average cut will be $36 […]

Read the full article →

Super Committee Fails to Reach Debt Deal – Automatic Triggers To Cut Defense and Discretionary Spending

11 comments

[Latest Update]  As many had predicted, the debt Super Committee has failed to come up with a deficit reduction plan. Basically the not-so-super members failed to get past party line bickering and will now face the prospect of justifying to an angry public why they could not compromise. Further, the automatic triggers to cut defense […]

Read the full article →

Is another Government Shutdown Likely in 2014 and 2015 – Will Social Security Benefits, Contractor and Federal Employee Pay Stop Again?

134 comments

Updated Nov. 2015] With the President taking executive action on immigration policy, Republicans are vowing to stop him by defunding public agencies that could implement this executive action. House Speaker, John Boehner said he is still reviewing options but has not ruled out yet another government shut down.  But the clock is ticking with government agencies running out of money […]

Read the full article →
Disclaimer: The information contained on Saving to Invest (this site) is for general information purposes only and does not constitute factual or professional financial advice. In accordance with FTC guidelines, we disclose that we may have a financial relationship with some of the merchants/companies mentioned on this website. We do our best to maintain current information, but due to the rapidly changing environment, some information may have changed since it was published. Please do the appropriate research before participating in any third party offers. Refer to the Privacy Policy and Terms of Use for more information