Moody's cut the U.S. credit rating one notch to Aa1 from Aaa due to the federal government's ballooning budget deficit and ...

The executive order, announced Monday by the White House, said that a 2% pay increase will be given to most civilian federal employees starting on January 2025. According to reporting from Federal ...

Federal civilian workers are in line for a pay raise in 2025. According to a statement from the White House, government workers will get an average pay raise of 2%. The raise is made up of an ...

STATEN ISLAND, N.Y. -- Federal civilian workers will receive an “across-the-board” base pay increase in 2025, according to a statement from the White House, and government workers can expect ...

Like any home or business, the federal government must pay its bills. When Congress can’t agree on how to appropriate money for funding, non-essential departments of the government shut down.

In OMB’s response to agency budget submissions, the White House budget office told officials to prepare for a freeze on federal civilian pay next year. President Trump appears set to propose ...