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  2. President Joe Biden signs off on 2% pay raise for most ... - AOL

    www.aol.com/president-joe-biden-signs-off...

    Another pay increase of 4.5% was given to military members as part of the 2025 National Defense Authorization Act. Earlier this year, a pay raise of 5.2% on average was given to federal employees ...

  3. 2025 United States federal budget - Wikipedia

    en.wikipedia.org/wiki/2025_United_States_federal...

    The Fiscal Responsibility Act of 2023, passed in June 2023, resolved that year's debt-ceiling crisis and set spending caps for FY2024 and FY2025. The act called for $895 billion in defense spending and $711 billion in non-defense discretionary spending for fiscal year 2025, representing a 1% increase over fiscal year 2024. [10]

  4. General Schedule (US civil service pay scale) - Wikipedia

    en.wikipedia.org/wiki/General_Schedule_(US_civil...

    The General Schedule (GS) is the predominant pay scale within the United States civil service. The GS includes the majority of white collar personnel (professional, technical, administrative, and clerical) positions. As of September 2004, 71 percent of federal civilian employees were paid under the GS. The GG pay rates are identical to ...

  5. Executive Schedule - Wikipedia

    en.wikipedia.org/wiki/Executive_Schedule

    Executive Schedule (5 U.S.C. §§ 5311–5318) is the system of salaries given to the highest-ranked appointed officials in the executive branch of the U.S. government. . The president of the United States appoints individuals to these positions, most with the advice and consent of the United States Sena

  6. As inflation cools, employee pay raises are on the decline

    www.aol.com/finance/inflation-cools-employee-pay...

    Base pay increases in 2023 averaged 4.8%, ... projecting a median raise of 3.9% in 2025. ... employees in science, engineering, and government will experience salary bumps over 4%, per the ...

  7. Is the US government really borrowing from Social Security to ...

    www.aol.com/finance/us-government-really...

    Both employees and employers pay a 6.2% tax on wages up to a "taxable maximum" limit of $176,100 in 2025. That's a total of 12.4% of wages (self-employed workers pay the whole thing).

  8. 7 ways a Trump administration could affect your finances - AOL

    www.aol.com/7-ways-trump-administration-could...

    That credit is set to expire at the end of 2025, but with approval from Congress, Trump could extend the 2017 tax cuts or introduce a new policy. ... pay. Tax revenue is used to fund federal aid ...

  9. Biden Aims To Give Federal Workers Largest Pay Increase ... - AOL

    www.aol.com/news/biden-aims-federal-workers...

    The White House plans to boost federal workers' pay by 5.2 percent, the largest increase since 1980.