How bad would a government shutdown really be?

There are lots of reasons why its bad when politicians fail to appropriate money to keep the government going at the end of a fiscal year. This year’s shutdown brinksmanship is sharper than ever. So what’s so bad if the government shuts down for a few days or a month? Federal Drive with Tom Temin talked about a list of reasons with Vice President of Research for the Peter G. Peterson Foundation, Jeff Holland. Interview Transcript:  Tom Temin And let’s go through your list, because the very first item on…

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A policy rider in Congress would mean the end of TSP’s mutual fund window

Out of all the updates to the Thrift Savings Plan last June, and the massive pushback from participants that came along with them, there’s one change that has had perhaps a little less time in the spotlight. Along with rolling over to a new recordkeeper, updating the My Account platform, launching a TSP mobile app and much more last summer, participants also saw a massive uptick in their investment options with the launch of the TSP mutual fund window. The TSP’s entirely voluntary investment window contains about 5,000 different mutual…

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No Labels: Right-Wing Dark-Money Group Would Put MAGA Back in the White House

    No Labels is a third-party dark-money group that would put Donald Trump back in the White House in 2024. Disguising themselves as a group of moderates trying to save America, right-wing corporate donors are funding a $ 70 million campaign, through a party called No Labels, to create a spoiler ticket that would pull votes from Joe Biden in swing states. This third-party bid is not some fly-by-night operation trying to promote bipartisan progress. Cloaked in mystery, the group won’t disclose their donors and has yet to offer…

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Revived bills would alter feds’ payment obligations during shutdowns, federal first responders’ pensions

Lawmakers revived a host of bills this week that would impact the federal workforce, through changes to payments, retirement benefits and more. The Federal Employee Civil Relief Act, for one, would let federal employees and contractors postpone certain types of payments during government shutdowns, or if the government defaults on its debt. Specifically, feds would get a 30-day cushion, after a government shutdown ends, before they would have to make payments on loans and other types of financial obligations. Sens. Tim Kaine (D-Va.) and Mark Warner (D-Va.), who reintroduced the…

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I’m a College Volleyball Player. The Equal Rights Amendment Would Destroy My Sport.

In their renewed attempt to ratify the so-called Equal Rights Amendment, Senate Democrats are quick to erase 50-plus years of progress and opportunity for women. Sen. Richard Durbin, D-Ill., chairman of the Senate Judiciary Committee, shamelessly mocked the accomplishments of thousands of female athletes as he joked Feb. 28 about the “fate of field hockey” during his committee’s hearing on the revived Equal Rights Amendment. Don’t worry, Durbin did admit that female athletes “would probably feel very strongly about the issue, if they are field hockey players.” Senator Durbin has…

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This bipartisan bill would give the GSA new cybersecurity responsibility

A bill before the House would create a new cadre of people to help the government in case of a serious cyber attack. The National Digital Reserve Corps would be managed by the General Services Administration. To learn more about the Corps, the Federal Drive with Tom Temin spoke with Texas Congressman Tony Gonzales. Interview transcript: Tony Gonzales First off, I am a retired Navy Master Chief. I spent 20 years and in the Navy as a naval cryptologist, with a top secret SCI clearance. I spent five years in…

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