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Federal Managers Association

In the News

  • Monday, February 24, 2014
  • OBAMA WILL NOT INCLUDE COLA REDUCTIONS IN FY15 BUDGET - February 24, 2014
  • Still on the table for future budget discussions, however

    By Eric Katz, Government Executive

    President Barack Obama will not recommend a switch to a chained Consumer Price Index (CPI) in his Fiscal Year 2015 budget proposal next month. However, White House spokesman Josh Earnest stated a switch to chained-CPI is still on the table. The President included chained-CPI in his FY14 budget request.

    To read the full article, please click here: http://www.govexec.com/pay-benefits/2014/02/obama-will-not-include-cola-reductions-fy15-budget/79127/?oref=workforce_week_nl

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