Treasury Secretary on Debt Limit: ‘Extraordinary Measures’ for Civil Service Retirement and Disability, Postal Retiree Health Benefits, and TSP G Funds

January 13, 2023 WASHINGTON – Today, U.S. Secretary of the Treasury Janet L. Yellen sent a letter to all members of Congressional leadership regarding the debt limit. The full text of the letter can be found here and is available below. The Honorable Kevin McCarthy Speaker U.S. House of Representatives Washington, DC 20515 Dear Mr….

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NTEU President Kelley to Congress: Say No to Changing TSP’s G Fund

For Immediate Release: Wednesday, July 15 2015 Washington, D.C.—The head of the National Treasury Employees Union (NTEU) urged Congress this week to reject proposals to weaken the federal Thrift Saving Plan’s (TSP) G Fund. Congress is reportedly considering tapping the personal retirement savings of federal employees, retirees and members of the military to offset the…

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House passes budget without federal benefit cuts

By Andy Medici – May 1, 2015 Civilian agencies would see their budgets slashed while the Defense Department would get billions of dollars in additional funding, under a budget proposal passed by the House April 30. The House voted 226 to 197 to pass the budget, with all Democrats and 12 Republicans voting in opposition….

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