Showing posts with label Destruction of the American Middle Class. Show all posts
Showing posts with label Destruction of the American Middle Class. Show all posts

Wednesday, July 5, 2023

2023 Inflation | U.S. Postal Service to raise price of Forever stamp to 66 cents, 2nd hike this year

"Starting Sunday, the cost of the first-class “forever” stamps will jump from 63 to 66 cents. The latest price comes just months after forever stamps climbed from 60 to 63 cents in January, following a series of similar increases in recent years. When announcing its intention to raise forever stamp prices to 66 cents earlier this year, the USPS cited rising “operating expenses fueled by inflation” and the impacts of “a previously defective pricing model” — noting that changes to mail service costs “are needed to provide the Postal Service with much needed revenue.”..."    


This Article is From: www.newsday.com


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Monday, December 4, 2017

Politicians make sure they will not get elected again: Their Shameful Tax Plan

U.S. Senate Seems to Have the Votes to Pass their Shameful Tax Plan

"...Sen. Marco Rubio (R-FL) acknowledged that the Republican drive to cut taxes for the wealthy is the prelude to a larger attack on Social Security and Medicare. On Wednesday, he told a group of lobbyists that hiking the deficit with the GOP tax bill is the first step in dismantling the programs. Responding to a question from Politico interviewers about how to address the federal deficit, he replied, “We have to do two things. We have to generate economic growth which generates revenue, while reducing spending. That will mean instituting structural changes to Social Security and Medicare for the future...Sen. Rubio may have just told a secret that he was not supposed to spill,” said Joseph Peters, Jr., Secretary-Treasurer of the Alliance. “The GOP strategy of increasing the debt and then saying we need to cut Social Security and Medicare usually flies under the radar..."    


This Article is From: www.apwu.org
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Tuesday, October 10, 2017

They got you again! Think you are getting a pay raise? Think again.

Federal employee health insurance premiums to rise by 6.1 percent

"...The nearly two-thirds of enrollees covered by a Blue Cross/Blue Shield plan will pay $7.17 more per biweekly pay period next year than last year for self-only coverage; $17.04 more for self plus one other person and $17.72 for self and family coverage..."    


This Article is From: www.washingtonpost.com
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More Reading: In relation to the story above, let's take a look at the last COLA a postal Mail Handler received and compare it to your expected health insurance cost:
  • Estimated COLA increase for a Mail Handler: Approximately $10.38 Biweekly pay period
  • Estimated increase in Blue Cross/ Blue Shield Plan: $17.04 more for self plus one other person and $17.72 for self and family coverage Biweekly pay period

  • Wow! That's a pretty good beating!...and that example does not include the amount the government will increase the portion you will pay toward your insurance, etc. And if you think that is a big hit, just wait and see of the GOP is able to harm you even more with the 2018 Budget attacks on federal retirement, SRS, high three and more. .

    Friday, October 6, 2017

    House Budget is an attack on FERS employees more so than CSRS, cuts G Fund rate, ends SRS, raises employee contributions again

    House advances 2018 budget resolution with federal retirement cuts

    "...elimination of supplemental payments to employees who retire before age 62; A switch to a defined contribution pension plan for new federal employees; reduce the G fund’s rate of return..."    


    This Article is From: federal-employees.blogspot.com
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