Hidden disaster in new budget: Demonic plot to raid pensions
Source: Salon
Hidden disaster in new budget: Demonic plot to raid pensions What you won't hear about this new deal: Public workers will get eviscerated, to achieve "deficit reduction" Pay freezes are just the beginning. In February, hundreds of thousands of federal workers were forced into unpaid furloughs in accordance with sequestration’s across-the-board budget cuts. In virtually every federal agency, workers had to take as many as 15 unpaid days off during the last fiscal year. Then, when the government shutdown occurred, workers were again sent home without knowing if they would ever get paid for the missed time. The lack of cash flow stressed workers and made it difficult to pay bills on time. Fortunately, Congress did provide back pay for the 6.6 million work days missed during the shutdown. However, that comes out of agency budgets, and workers have to still complete their tasks without the ability to hire additional personnel to make up the time. The Federal Workers Alliance, a coalition of unions representing federal employees, estimated in a message to the budget negotiators that between the pay freeze and furloughs, federal employees have sacrificed $114 billion in pay cuts over the past three years, an average of over $50,000 per employee. Yet somehow, budget negotiators are going to the well again. Read more: http://www.salon.com/2013/12/11/hidden_disaster_in_new_budget_demonic_assault_will_raid_pensions/ |
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