For 2023, federal retirees will see largest COLA increase in over 40 years

Federal retirees and Social Security recipients are about to get the largest increase in their cost-of-living adjustment (COLA) in over four decades. The COLA will increase 8.7% for 2023, the Social Security Administration announced on Oct. 13. But not all federal retirees will see that amount added to their checks. Those in the Federal Employee Retirement System (FERS) will receive a 7.7% COLA starting in January. The large COLA announcement for 2023 is no surprise, given high rates of inflation and climbing consumer prices this year, said Ken Thomas, national…

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What the ones who actually have a say in next year’s budget are saying

<p><em>Best listening experience is on Chrome, Firefox or Safari. Subscribe to Federal Drive’s daily audio interviews on </em><a href=”https://itunes.apple.com/us/podcast/federal-drive-with-tom-temin/id1270799277?mt=2″><em><span style=”color: #0070c0;”>Apple Podcast</span></em><span style=”color: #0070c0;”>s</span></a><em> or <a href=”https://www.podcastone.com/federal-drive-with-tom-temin?pid=1753589″>PodcastOne</a>.</em></p> <p>The Biden administration&#8217;s budget proposal for 2023 would give magnificent, double-digit increases to some large agencies, notably Veterans Affairs, Health and Human Services and Commerce. But can Congress deal with it in any meaningful way by Oct. 1? The <a href=”https://federalnewsnetwork.com/category/temin/tom-temin-federal-drive/”><strong><em>Federal Drive with Tom Temin</em></strong></a> got analysis from Bloomberg Government congress reporter Jack Fitzpatrick.</p> <p><em>Interview transcript:</em></p> <blockquote><p><strong>Tom Temin:</strong> Jack, good to have you back.</p> <p><strong>Jack Fitzpatrick: </strong>Thanks…

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How History Will View the Biden Years

When historians study the disaster that was the Biden administration, they will find many factors that contributed to the historic level of failure we are witnessing. At the top of the list is a president who is clearly just not up to the job. Whether due to age, cognitive decline, or general ineptitude, Joe Biden has not been able to lead America. Nobody wants a weak president. People can smell weakness, and Biden reeks of it. The president put himself in a further hole by surrounding himself with a young…

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DoD sends Congress nearly triple the amount of annual reports it did 20 years ago

<p><em>Best listening experience is on Chrome, Firefox or Safari. Subscribe to Federal Drive’s daily audio interviews on <a href=”https://itunes.apple.com/us/podcast/federal-drive-with-tom-temin/id1270799277?mt=2″>Apple Podcasts</a> or <a href=”https://www.podcastone.com/federal-drive-with-tom-temin?pid=1753589″>PodcastOne</a>.</em></p> <p>In 20 years, the number of annual reports the Defense Department must make to Congress has nearly tripled to more than 1,400. DoD officials have tried to get a handle on this task, which required untold thousands of man-hours. For what it could do to help streamline the process, the <a href=”https://federalnewsnetwork.com/category/temin/tom-temin-federal-drive/”><em><strong>Federal Drive with Tom Temin</strong></em></a> turned to the director of defense capabilities and management issues at the Government…

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Where Things Stand: Rand Paul Has A New Years Resolution, Too

<p>It probably doesn&#8217;t look like yours, though. </p> <p>Sen. Rand Paul&#8217;s (R-KY) home state was devastated by natural disaster in the waning days of 2021. But his primary focus heading into the New Year is not on federal disaster relief or combatting climate change (he&#8217;s <a href=”https://thehill.com/policy/energy-environment/204235-paul-science-behind-climate-change-not-conclusive”>never really believed in that hoax to begin with</a>), but rather the most important news of the hour: dismantling Big Tech&#8217;s Big Bias against conservatives. </p> Talking Points Memo

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