Obama to propose 1 percent pay hike for federal workers, troops

Increase is part of fiscal 2015 budget proposal, which is to be announced next week.

Obama administration to stop bonus program for federal managers in 2013

The Obama administration is suspending the prestigious Presidential Rank Awards this year, another sign of budget austerity.

Senate will try to end its three-year budgeting hiatus

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Defense told to delay contracts, prepare for furloughs amid budget uncertainty

Defense Secretary Leon Panetta said Thursday that he has told managers to freeze civilian hiring, cancel and delay some contracts, curtail training and some maintenance and prepare for unpaid furloughs because of uncertainty over the federal budget.