To help close pay gaps between federal and private-sector workers, the government should scrap General Schedule across-the-board increases in return for more flexibility to boost salaries within grades, a panel of experts said in a report released Monday.Federal Times...
Rank-and-file lawmakers complained about the extras, which included their first pay raises in more than a decade — a shock after one of the most unproductive, chaotic sessions in modern times. Even the addition of much-needed disaster aid, some $100.4 billion in the afte...
Rank-and-file lawmakers complained about the extras, which included their first pay raises in more than a decade — a shock after one of the most unproductive, chaotic sessions in modern times. Even the addition of much-needed disaster aid, some $100.4 billion...
As such, this post considers whether a given deficit resulting in more reserves in circulation and fewer bonds held by the non-government sector raises the likelihood of spiraling inflation, as most interpretations of the government budget constraint (GBC) assume. The approach here recognizes the im...
Here’s a table summarizing the recommendations and I’ve highlighted which ones raises tax burden and which ones raise the spending burden. At the risk of over-simplifying, the OECD thinks Greece should move in the wrong direction, but in a way that minimizes economic damage. I have a diff...
…All of which raises a paradox: if governments are so big, why are they so ineffective? The answer is that they have turned into what can be called “Lumbering Leviathans”. …governments have overseen an enormous expansion in spending on entitlements. …On average across the OECD, social ...
By Bill McColl Dec 24, 2024 Biden Signs Stopgap Spending Bill, Averting Government Shutdown By Taylor Tompkins Dec 21, 2024 Biden Administration Scraps Student Loan Forgiveness Plan Ahead of Inauguration By Elizabeth Guevara Dec 20, 2024 Feds Sue Banks for 'Widespread Fraud' on Zelle and...
Pay raise for members of Congress After more than a decade of blocking pay raises in Congress amid concern over the issue becoming a political liability, the continuing resolution included a provision that allows an automatic cost of living increase to go into effect for lawmakers. ...
September 5 2024 Canada Canada’s government under threat as Trudeau parliamentary partner exits Move by New Democrat party leader raises chance of snap election March 28 2024 UK trade UK car exports to Canada face 6% tariffs within days as trade dispute deepens ...
December 10 2024 Birmingham equal pay deal raises doubt over council’s bankruptcy Authority to pay about £250mn to settle historic dispute, far less than previously expected Save Birmingham to settle equal pay claim that tipped council into bankruptcy Payout likely to be lower than original...