Republican plan to cut Federal Workers, Pay, Retirement

[nnuut]

Going back to the subject of this thread, I could have made much more money working in the Private Sector than I made working for Uncle Sam!:suspicious:

 

[burrocrat]

Just kill Social Security for everyone age 50 and under and the Government would just have to tax us extra until the 51 and over leave the system.

or just cut it in half.

i am one of the proprosed affected group, but let's get it started aready, something needs done.

 

[david.alan.williams]

I would too! Oh yeah, include in the law that the government cannot ever borrow or touch the money!!!!!!!!!!!!!!

 

[Boghie]

Here's the biggest cut we can make....SOCIAL SECURITY.

Phase it out. Replace it with a TSP like system.

I'm 48 but would gladly give up my social security if I could put my bi-weekly contribution ($113.71) and the employers contribution ($113.71) from my Social Security Tax into TSP for the next 12 years. That would be about $150,000 at 8% or $237,314 at an aggressive 15%.

A 20 year old making only $20,000 per year for the rest of his life would have at age 60, $200,781 at only 3% earned or have $6,742,692 if he was aggressive (15%).

Just kill Social Security for everyone age 50 and under and the Government would just have to tax us extra until the 51 and over leave the system.

I'm with you bro...

I'd even offer to leave all my existing contributions, all my employers existing contributions, and all my current earnings that have accrued in my Social Security 'Lockbox' and never receive any Social Security benefit - if they would just let me invest my future Social Security contributions in my own TSP account.

 

[Boghie]

How many of those 200,000 new employees are Homeland Security? Federal employees, per capita, are actually far lower today than they were 50 years ago under President Kennedy.

There has to be a tax hike of some kind, on somebody, or everybody. There just isn't enough money coming in, even with draconian cuts, to balance the books, and reduce debt, without more revenue.

Kaufmanrider,
that 200,000 person increase has occurred since January 20, 2009.
And, it was permanent salaried staff - not census workers. The Left believes in gubmint action - so they staff it. I haven't seen any benefit.

It is a boondoggle.

 

[Kaufmanrider]

Folks,

There just aint no more money out there. And, the folks don't really want all the government they are getting.
We are spending $584,237 Billion more (2010 dollars) than we did in FY2007
We are borrowing 42% of our daily expenses.
The Feds hired 200,000 more folks.
The voter doesn't see value.

Something's gotta give.

The cuts are coming - and we are going to be cut. It really doesn't matter what we think is fair. There isn't any real money to pay us. And, for one, I will not accept a tax hike to pay me.

How many of those 200,000 new employees are Homeland Security? Federal employees, per capita, are actually far lower today than they were 50 years ago under President Kennedy.

There has to be a tax hike of some kind, on somebody, or everybody. There just isn't enough money coming in, even with draconian cuts, to balance the books, and reduce debt, without more revenue.

 

[david.alan.williams]

Here's the biggest cut we can make....SOCIAL SECURITY.

Phase it out. Replace it with a TSP like system.

I'm 48 but would gladly give up my social security if I could put my bi-weekly contribution ($113.71) and the employers contribution ($113.71) from my Social Security Tax into TSP for the next 12 years. That would be about $150,000 at 8% or $237,314 at an aggressive 15%.

A 20 year old making only $20,000 per year for the rest of his life would have at age 60, $200,781 at only 3% earned or have $6,742,692 if he was aggressive (15%).

Just kill Social Security for everyone age 50 and under and the Government would just have to tax us extra until the 51 and over leave the system.

 

[Boghie]

Folks,

There just aint no more money out there. And, the folks don't really want all the government they are getting.
We are spending $584,237 Billion more (2010 dollars) than we did in FY2007
We are borrowing 42% of our daily expenses.
The Feds hired 200,000 more folks.
The voter doesn't see value.

Something's gotta give.

The cuts are coming - and we are going to be cut. It really doesn't matter what we think is fair. There isn't any real money to pay us. And, for one, I will not accept a tax hike to pay me.

 

[Silverbird]

Republican Study Commitee Proposal, Formal work on budget starts next week...

http://www.cnbc.com/id/41192300

 

[crws]

You had me up until this point:nuts:

Shhh you'll give away your offshore tax-haven status.
You know that Tom guy, he gots his peeps.

 

[Silverbird]

Beware averages and other random statistics with no context. For instance, the office I'm in has been under a hiring freeze for a couple yers. If we actualy had been hiring people entering the work force, our average pay would actually be lower and we'd be spending more on wages. Hiring freeze has actually substantially increased our average pay. There aren't any (GS) 9's or 11's round here no more.

 

[lochaven]

I agree with Buster.

Nothing new here. All posturing....same old thing. Anyone remember the Grace Commission on Feds?

 

[Elgallo]

Certainly isn't a good time to be a Fed. I can only hope that they leave my retirement alone

Exactly! With 32 months max left until retirement (sooner if they keep this BS up) I'm concerned to say the least.

 

[Buster]

You had me up until this point:nuts:

Yeah I know what you mean..seems far fetched that the IRS would ever downsize:suspicious:

 

[WorkFE]

Taxes will not be collected

You had me up until this point:nuts:

 

[FAB1]

I've said it before..Republicans always go for the jugular of the Worker bee Gov Employee..easy target and the general public thinks we are blood suckers of the Taxpayer anyway..So it makes the Repubs look good when they make a move or talk about making a move on our jobs..

When they start this I say....

Term Limits.

Cut back ONLY mgmt. positions.

Two things we wont likely see.

 

[Buster]

I've said it before..Republicans always go for the jugular of the Worker bee Gov Employee..easy target and the general public thinks we are all blood-suckers of the Taxpayer dollars anyway..So it makes the Repubs look good, when they make a move or talk about making a move on our jobs..

Bottom line..It has been my experience in the 36 years of Gov service that these sort of attacks or threats of downsizing is all posturing to leverage something else from the Dems..the end result is usually far less impactive on us as originally talked about...Hang tough..The Government Employee is what keeps the country's gears moving..Without us..Planes will not fly, Trains will not run, Taxes will not be collected, etc.

 

[Guest2]

Certainly isn't a good time to be a Fed. I can only hope that they leave my retirement alone

 

[alevin]

I'd rather have my pay frozen/limited, than see the 10% cuts in numbers-that would just add more to the unemployment rolls-and another gov cost-just reduced in a slightly different way, a way that would end up further straining the economy even worse down the road.

My brother works blue collar, his industry is cyclical. when bottom of the cycle hit in his area a few years ago, all the other companies in his area were laying people off, his company chose to cut hours and keep everyone working as best they could. As sole breadwinner in his family, I was glad he was working for who he worked for. As the cycle came back up, so did the hours, he was able to pull through without going on unemployment.

 

[Elgallo]

I am all for what's best for this Great nation of ours !

And somhow we're not because we voice a degree of opposition to what going on around us!

How bout just ending that unwinnable war!! Now that will save some money!

Them posturiung around and looking like they are accomplishing large reductions in govt. spending by limiting/freezing/reducing our pay is Bravo Sugar amigo.