Federal Employee News

Wednesday, December 20, 2017

Former Postal Service vice president sentenced after inspectors uncovered lies

Former USPS vice president sentenced after inspectors uncovered lies

Snippet of Article: "...court records reveal, discovered Whitman’s resume and a security clearance form he filled out were riddled with lies within weeks of his March hiring. He was fired in June. Whitman didn’t have a degree from Southern Illinois, and he wasn’t the corporate genius that his resume proclaimed, investigators said in court papers. Shortly before he applied for the postal job, Whitman had been fired by another unidentified company for lying on his resume..."

Source: www.linns.com

Tuesday, December 19, 2017

Tax Bill: Ready for your tax increase middle-class? Tax Bill’s Estimated Effects In 2027

CHARTS: See How Much Of GOP Tax Cuts Will Go To The Middle Class

Snippet of Article: "...This would mean a tiny tax bump for many lower- and middle-class households — the average $50,000 to $75,000-earning household would have a tax bill that's $30 higher than today. The average household earning more than $1 million would get a cut of more than $23,000..."

Source: www.npr.org

Tax Bill’s Estimated Effects In 2027

Wednesday, December 13, 2017

The Federal Reserve is about to raise interest rates again — here's how it happens and why it matters

The Fed is about to raise interest rates again — here's how it happens and why it matters

Snippet of Article: "...what the Fed is doing right now is a bit unusual. "This is the first tightening cycle where they've been concerned about inflation being too low," said Alan Levenson, the chief economist at T. Rowe Price. The Fed's preferred measure of inflation last touched its 2% target in 2012, so it can't exactly argue that it is raising rates to fight inflation..."

Source: http://www.businessinsider.com

Federal Reserve

Sunday, December 10, 2017

Spread the swamp? Trump administration wants to move government offices out of Washington

Spread the swamp? Trump administration wants to move government offices out of Washington

Snippet of Article: "...Dislodge arms of the federal government from Washington and reattach them in faraway places, spreading the wealth generated by these well-paid agency workforces and forcing senior bureaucrats to face the people they affect..."

Source: www.latimes.com

Tuesday, December 5, 2017

Political Magic: Disappearing Tiny Tax Cuts for the Middle Class, But Not for Corporate America or the Wealthy

Here's what's in the Senate Republican tax bill

Snippet of Article: "...benefits for middle- and low-income groups diminish or disappear afterward -- meaning the groups' after-tax incomes would drop on average -- due to their tax cuts expiring after 2025, the bill's use of slower inflation adjustments in the tax code..."

Source: cnn.com

Tax Rates, Tax Bill, Disappearing Tax Cuts,