: Federal workers will get their first raise in three years in January More
The two-week U.S. government shutdown may have ended and the U.S. didn't default on its debt. But the deal allows the sequester budget cuts to continue through Jan. 15.
Treasury Secretary Jack Lew argued the failure to replace the across-the-board "blunt spending cuts" known as sequestration would hurt the U.S. economy.
Federal workers who were furloughed for 16 days because of the shutdown will start to see backpay on Oct. 25 and a 1% raise in January.
Small businesses are relieved the shutdown has ended, but angry about the unnecessary consequences for their firms.
The camera showing Tian Tian, Mei Xiang and the unnamed 8-week old cub shut off on Oct. 1.
About 70,000 federal workers filed for unemployment benefits in the first week of October, the Labor Department reported Thursday.
It's especially tricky getting the word out to all 450,000 government employees, who have been home on furlough. Federal law prohibits workers from accessing government email through phones or laptops on furlough.
The U.S. may have dodged an economic catastrophe by raising the debt ceiling and opening the government, but it didn't emerge from the political debacle unscathed.
Budget experts and political observers are not optimistic that the next round of talks will produce much in the way of smart changes.
More than half of federal workers on furlough reached out to creditors to warn them they're not getting paid, according to a union survey of members.
Budget experts and political observers are not optimistic that the next round of fiscal negotiations will produce much in the way of smart budget changes.