1 percent pay hike for federal workers, troops

[nhboy]

Link to original article.

"President Obama will propose a 1 percent pay raise for federal employees and members of the military in the fiscal 2015 budget he announces next week.

The increases are consistent with the pay hikes civilians and troops received this year.

An administration official said the proposed civilian increase “reflects the tight budget constraints we continue to face, while also recognizing the critical role these civilian employees play in our country – doing everything from assuring the safety of our food and airways, to securing our borders, to providing health care to veterans, to searching for cures to diseases.

It also recognizes the sacrifices they have already made through prior pay freezes, reductions in awards, and furloughs due to sequestration last year.” "

 

[Vince]

Seen as how we've been on a pay freeze and furloughed our asses off since the stupid SOb took office it doesn't mean a whole hellava lot.

 

[royhobie]

Link to original article.

"President Obama will propose a 1 percent pay raise for federal employees and members of the military in the fiscal 2015 budget he announces next week.

The increases are consistent with the pay hikes civilians and troops received this year.

An administration official said the proposed civilian increase “reflects the tight budget constraints we continue to face, while also recognizing the critical role these civilian employees play in our country – doing everything from assuring the safety of our food and airways, to securing our borders, to providing health care to veterans, to searching for cures to diseases.

It also recognizes the sacrifices they have already made through prior pay freezes, reductions in awards, and furloughs due to sequestration last year.” "

You need to be a Federal Employee in a foreign nation. Then the Obama aid to your Country (no matter which Country it is) will be FAR more than the 1% he will be giving you. It still boggles my mind how we can borrow billions, to give the exact same money away for NOTHING. There are strings attached. You have to be a foreign nation. Name me one Country giving the United States or our citizens foreign aid? But yet, we are not millions, not billions, but TRILLIONS in the red. And we continue to give away money. Do you really think we can continue this? Where do you see this stopping? I don't. We are borrowing from China. They are NOT giving us money. We are borrowing at what price? Does anyone know? Is China the next Country to start buying up U.S. property? And at what cost to our National Security? Has has parties gone mad? Have they every cut money to the Countries and not reinstated it later? Many questions are not answered and should be. If we don't ask questions from those who we put in leadership, we will be like sheep lead to the slaughterhouse.

 

[tommyjo]

You need to be a Federal Employee in a foreign nation. Then the Obama aid to your Country (no matter which Country it is) will be FAR more than the 1% he will be giving you. It still boggles my mind how we can borrow billions, to give the exact same money away for NOTHING. There are strings attached. You have to be a foreign nation. Name me one Country giving the United States or our citizens foreign aid? But yet, we are not millions, not billions, but TRILLIONS in the red. And we continue to give away money. Do you really think we can continue this? Where do you see this stopping? I don't. We are borrowing from China. They are NOT giving us money. We are borrowing at what price? Does anyone know? Is China the next Country to start buying up U.S. property? And at what cost to our National Security? Has has parties gone mad? Have they every cut money to the Countries and not reinstated it later? Many questions are not answered and should be. If we don't ask questions from those who we put in leadership, we will be like sheep lead to the slaughterhouse.

Foreign aid amounts to 1% or less of the total federal budget.

We are the biggest SOB on the block. No one, not even the Chinese, are anywhere close to our economic size and power. Why on Earth would WE need foreign aid?

China is not the only entity that buys US Treasuries, the bulk of US debt is bought by US entities or the US govt itself. Currently, the 10 year US Treasury pays about 2.75% (that is our borrowing cost).

US property is now becoming more expensive. Foreign buyers were in here 3-4 years ago...not so much now.

Actually most, if not all, of your questions are easily and quickly answered.

Unfortunately, like most people who know little to nothing about the budget or macro economics, you think foreign aid is causing our debt problems. You are not even close. Our debt issues are related to two very easily identifiable causes. Our current problems are the direct cause of two things:

1. Tax cuts coupled with massive spending increases under the previous administration.

2. The necessary response to a massive financial crisis.

Our longer term debt problems are the result of one thing...caring for Baby Boomers as they age.

Providing their income and medical care (by far the bigger of the two issues) are major problems that will not be addressed as long as most of the population continues to be led around by the likes of the Tea Party or those morons who camped out in the cities a few years ago (whatever their group was called).

 

[PsyOps]

"President Obama will propose a 1 percent pay raise for federal employees and members of the military in the fiscal 2015 budget he announces next week.

Please tell me you're not bragging about this?

1%

 

[Larry Gude]

An administration official said the proposed civilian increase “reflects the tight budget constraints we continue to face...

Only in the federal government is an increase seen as a budget constraint.

Try cutting overhead, cost of goods by 20% over three years. Hell, by ONE percent and get back to me over budget constraints.