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A shutdown could happen Saturday if a new funding bill isn't passed and signed. Here's how a shutdown would affect Social Security and other programs. Government shutdown November deadline: What ...
The fate of hundreds of thousands of federal employees and the work they do rests on Congress' ability to extend government funding beyond Friday. What federal workers would lose pay during a ...
Potential effects for Social Security's cost of living adjustment. The Social Security program announces its annual cost-of-living adjustment for recipients each year in October, with elements of ...
The many contract workers—especially low-wage, hourly workers—facing financial hardship during a shutdown have traditionally never been awarded compensation for lost wages. Past efforts by Delegate Eleanor Holmes Norton during the 2013 and January 2018 federal shutdowns to pass retroactive pay legislation have not succeeded. [16]
Here’s a snapshot of what’s coming in 2023. New retirement reforms ... and the federal government's Thrift Savings Plan can contribute up to $22,500 next year, up 9.8% from the limit of ...
2023 Interest on federal debt. Interest expense on the public debt was approximately $678 billion in FY2023. During FY2023, the government also accrued a non-cash interest expense of $197 billion for intra-governmental debt, primarily the Social Security Trust Fund, for a total interest expense of $875 billion.