FCW Insider

Blog archive

Quick Hits

*** An Oct. 18 letter from Treasury Secretary Janet Yellen to House Speaker Nancy Pelosi expressed a "high degree of confidence" that the United States will be able to pay its debts through December 3, 2021, thanks to a temporary extension of the debt limit. However, Yellen noted that the tight financial situation means that Treasury will have to suspend some investments of the Civil Service Retirement and Disability Fund and the Postal Service Retiree Health Benefits Fund until Congress passes a new debt limit extension. "Federal retirees and employees will be unaffected by these actions," Yellin wrote.

*** The Social Security Administration double-counted $100,000 of data center consolidation savings in its reports to the federal IT dashboard, according to an audit report from the agency's Office of Inspector General. The error only represented a tiny portion of the $541 million in cost savings reported by SSA. The report examined the accuracy of the agency's representations to the IT dashboard and found it to be "reliable".

Posted on Oct 19, 2021 at 2:20 AM


  • Workforce
    White House rainbow light shutterstock ID : 1130423963 By zhephotography

    White House rolls out DEIA strategy

    On Tuesday, the Biden administration issued agencies a roadmap to guide their efforts to develop strategic plans for diversity, equity, inclusion and accessibility (DEIA), as required under a as required under a June executive order.

  • Defense
    software (whiteMocca/Shutterstock.com)

    Why DOD is so bad at buying software

    The Defense Department wants to acquire emerging technology faster and more efficiently. But will its latest attempts to streamline its processes be enough?

Stay Connected