IOUs, Furloughs and More: Feds' Concerns About a Debt Default

IOUs, Furloughs and More: Feds' Concerns About a Debt Default

Author: GovExec February 1, 2023 Duration: 22:38
GovExec Daily
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The federal government is expecting to run up against a default on its debt as soon as this spring, as  Treasury Department Secretary Janet Yellen told Congress in January. While Congress has not yet raised the debt limit, as has been customary, some federal employees are understandably asking how this situation might affect their pay and benefits.

Eric Katz is covering the debt ceiling story. He joined the podcast to talk about the negotiations and how the debt limit will affect federal employees.

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Each morning, GovExec Daily cuts through the noise to bring clarity to the complex world of federal government operations and policy. Host Ross Gianfortune doesn't just read the headlines; he provides essential context by speaking directly with the people shaping the news. Conversations with policymakers, GovExec's own seasoned reporters, and subject matter experts turn breaking developments into understandable insights. This isn't general political commentary-it's focused analysis for professionals who need to grasp the immediate implications of new legislation, management directives, and budgetary shifts. The pace of Washington demands a resource that keeps up, and this podcast serves as that reliable daily briefing. You'll hear grounded discussions that connect the dots between today's announcements and tomorrow's challenges, all designed for an audience working within or closely with the federal ecosystem. Tune in for a straightforward, no-fluff dialogue that makes even the densest topics accessible, ensuring you start your day informed rather than just aware.
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