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2020 Federal Pay Raise of 3.1% Proposed by House Appropriations Committee

June 3, 2019 My Federal Retirement

The House Appropriations Committee Sunday released the draft fiscal year 2020 Financial Services and General Government funding bill which includes a a 2020 civilian federal employee pay raise 3.1 percent. In March, President Trump proposed a pay freeze for next year in the White House’s fiscal 2020 budget.

The bill will be considered in subcommittee on Monday, June 3. The legislation provides annual funding for the Department of the Treasury, the Judiciary, the Executive Office of the President, and other independent agencies, including the Small Business Administration.

In total, the draft bill includes $24.55 billion in discretionary funding, an increase of $1.4 billion over the 2019 enacted level and $355.5 million over the White House’s 2020 budget request.

“Americans deserve a government that will invest in the long-term protection of consumers and investors, strengthen our national security, and promote entrepreneurship here at home. This year’s FSGG funding bill takes significant steps to accomplish each of those goals,” said House Appropriations Subcommittee on Financial Services and General Government Chairman Mike Quigley. “From increased funding for the IRS to assist taxpayers and bolster enforcement, to supporting the SBA to help small businesses develop and expand throughout the country — this bill will make our economy stronger for everyday Americans. As a critical component of our national security, this bill also helps to fortify our election infrastructure against foreign interference by providing states with funding to replace outdated voting machines and enhance their cybersecurity defenses.”

“This bill is about protecting hardworking American families and workers, who have been shortchanged by the Trump administration since day one,” said House Appropriations Committee Chairwoman Nita Lowey. “The bill provides increased funding so consumers can receive safe, quality products, small businesses can access the training and resources needed to succeed, and disadvantaged communities can achieve economic growth. Additionally, the bill provides a significant increase in funding to improve election security and integrity, because our democracy belongs in the hands of American voters – not in the clutches of foreign powers.”

A summary of the bill is found here.

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Related:

  • FEGLI: Guide To Federal Employees Group Life Insurance
  • Federal Retirement Planning Checklists
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