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Federal Government
White House Council of Economc Advisers Analysis Of Estimate of GDP for 4th Quarter 2014 PDF Print E-mail
Federal Government
By Administrator   
Monday, 30 March 2015 05:49

RALEIGH, (SGRToday.com) - The White House Council of Economic Advisors has weighed in on economic data from the Bureau of Economic Analysis. In a March 27 White House blog posting by Jason Furman, the analysis begins:

"Overall, today’s GDP report is consistent with a wide range of indicators showing continued labor market strengthening and improvement in household and corporate balance sheets. This estimate of fourth-quarter GDP affirms the robust underlying growth of the largest and most stable components of economic output, while the same volatile factors that increased growth in the third quarter subtracted from it in the fourth. Indeed, the sum of private consumption and fixed investment rose at the fastest pace in four years, despite the lower rate of overall growth. Personal consumption expenditures, which account for more than two thirds of output, grew 4.4 percent at an annual rate in the fourth quarter—the fastest single quarter since 2006. Despite the solid trend, the economy faces headwinds from weak growth abroad—as well as the lingering effects of winter weather—that economists generally expect to reduce GDP growth temporarily in the first quarter of 2015. There is more work to do to ensure that the recovery’s strong underlying trend is sustained and shared across a broad range of households. The President’s FY2016 Budget lays out a strategy to strengthen our middle class and help America's hard-working families get ahead."

The full blog, with charts, can be accessed at whitehouse.gov.

Sen. Thom Tillis and Rep. Renee Ellmers Met With Air Force Secretary On Future Of Pope Airfield PDF Print E-mail
Federal Government
By Administrator   
Friday, 27 March 2015 06:02

RALEIGH, (SGRToday.com) - Sen. Thom Tillis released the following statement on Wednesday after a meeting with Air Force Secretary Deborah Lee James to discuss the future of the 440th Airlift Wing at Pope Airfield. Rep. Renee Ellmers of the 2nd District also attended.

“After meeting with Secretary James today, the questions I have been asking for months regarding the Air Force’s short-sighted plans to deactivate the 440th Air Wing remain unanswered.

“The Air Force continues to state that removing airmen from the 440th does not constitute an attempt to shutter the air wing, despite the fact that C-130s cannot be flown without pilots and maintainers.  Additionally, the Secretary of the Air Force has not yet provided the metrics and policy rationale underlying the Air Force’s decision regarding Pope Airfield.

“I will continue to require Air Force leaders to be more transparent with the public and Congress regarding their decision-making, and hold them accountable for decisions that lack a strategic justification or violate the spirit of last year’s NDAA, which mandates that Congress be informed before the Air Force acts to close the 440th.”

House Committee Passes Bill To Prevent Federal Agencies From Hiring People Who Owe Back Taxes PDF Print E-mail
Federal Government
By Administrator   
Thursday, 26 March 2015 04:53

RALEIGH, (SGRToday.com) - Fed up with the continuing problem of federal employees who owe back taxes, the House Oversight and Government Reform Committee on Wednesday passed a bill to try and curb the problem.

The Federal Employee Tax Accountability Act of 2015 requires federal job applicants to prove they don't owe back taxes to the federal government. It goes a step further as well, giving agencies the ability to terminate current employees who haven't paid Uncle Sam.

IRS data shows that $3.54 billion is owed in back taxes by more than 100,000 men and women employed in the federal workforce.

The amount has grown over the past year by $2.3 million.

OMB To Agencies: Reduce Your Bricks and Mortar Property Footprint PDF Print E-mail
Federal Government
By Administrator   
Wednesday, 25 March 2015 05:24

RALEIGH, (SGRToday.com) - Do your job more efficiently now, and make plans to be even more efficient with your footprint in the future. That's the message from an Office and Management and Budget memo that is expected to be released today, according to FederalNewsRadio.com.

Today's expected communication is a follow-up to the effort by the federal government to reduce the amount of real property used by the government and, thus, reduce costs. The "Freeze the Footprint" policy began in 2013.

The agencies will be told to develop a five-year plan to reduce their footprint.

The website reports that, so far, agencies have reduced their footprint by 21 million square feet.

The entire story can be found at federalnewsradio.com.


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