New 2016 Budget Proposal Targets Federal Retirement

Yesterday, House Republicans released their 2016 budget proposal which includes a measure that would increase the amount federal employees must contribute to their retirement.

“In keeping with a recommendation from the National Commission on Fiscal Responsibility and Reform, this budget calls for Federal employees — including Members of Congress and congressional staff — to make greater contributions toward their own retirement,” the proposal states.

House Budget Committee Chairman Tom Price (R-Ga.) said the plan would balance the budget and strengthen the country. “The proposal that the House Budget Committee has introduced today – A Balanced Budget for a Stronger America – is a plan to force Washington to start tackling these challenges with positive solutions. It is a plan that balances the budget in less than 10 years, secures and strengthens vital programs – like Medicare – provides our military men and women with the resources they need to protect American families, and would make Washington more efficient, effective and accountable to hard-working taxpayers.”

The budget wasn’t seen in such positive light by several others, however.

But Rep. Chris Van Hollen (D-Md.), ranking member of the committee, was quick to condemn the budget proposal, claiming it would hurt middle-class workers.

“Congressional Republicans have been quick to pay lip service to wanting to help working families – but this budget means that Americans who are working harder than ever will be getting even less,” Van Hollen said in a statement. “It does nothing to boost the paychecks of working Americans and makes it harder to buy a home. Students will see deep education cuts and college will be less affordable. And this budget takes away the tools that allow people to climb the ladder of opportunity.  … It reinforces a tax system that is rigged to reward those making money off of money more than people who make money through hard work.”

J. David Cox Sr., president of American Federation of Government Employees also denounced the plan. “Instead of focusing on creating new jobs and lifting more Americans out of poverty, the House leadership has proposed a budget that does exactly the opposite by slashing the compensation and jobs of hard-working federal employees. Federal employees aren’t some faceless bureaucrats to be cut at a whim,” he said. “They are real people with real jobs who make a real difference in the lives of millions Americans every day.”


2 Comments for New 2016 Budget Proposal Targets Federal Retirement


Posted on Saturday 4th April, 2015, 10:57am

I am a military retiree and also retired from from state employment. I have worked all my life and never experienced any period of unemployment. Over the years I have learned that nothing is free. Freedom is not free. Just ask the many who have given their lives or suffered catastrophic losses. So it is with our nation. The budget (pie) is only so large and we as a nation have to decide how we are going to cut up the pie to address the needs of the people. We will have to increase the size of the pie (taxes) or cut spending. There will always be some who will be winners and some who will be losers. Unfortunately we don’t have senators and congressmen/women who have the intestinal strenght to make the tough decisions, which has led us into such a hole (debt). As a nation we have got to live within our means. We are not Republicans, Democrats, or Independents, we are Americans and we must decide on what is best for Americans. It is my belief that if tough decisions are made it will not only be federal workers who will be asked to bear more of the financial burden but will be shared by many other groups in order to set this nation on the right track. I’m willing to do my part are you willing to do your part. May God Bless this great nation with the leadership it needs to address the needs of its people.

Posted on Tuesday 7th April, 2015, 7:22am

As always, Republicans look to working people to slash their income and benefits, while their wealthy ontributors can come out ahead. As always, working people are the first thing they look at when considering funding cuts, with government workers always the first on the list.

Wanna say something?






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