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20k federal workers take "buyout" so far, official says

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Re: 20k federal workers take "buyout" so far, official says

#331

Post by JumpCrisscross »

rich_sasha wrote: post #54
csa wrote: post #50

Earlier quoted context omitted.

> this was never authorized by congress, Correct. > so the money to pay people to September is questionable if it exists at best Incorrect. The money is budgeted through September (end of federal FY). Things are currently only funded through March 15 (CRs and whatnot). The money is or will be there. Historically, even if there is a furlough, this money is backfilled and folks are paid. Note that there will probably b…

Is it a given there would be a budget impasse, if all institutions of power are held by Republicans? Non-American here with only a Mickey Mouse understanding of US mechanics of power.

> Is it a given there would be a budget impasse, if all institutions of power are held by Republicans?

No. American political parties are more akin to continuously-branded coalitions than parties in the way they work in parliamentary systems. There is a minority of House Republicans who will vote down any budget bill because they reject the concept of federal government.

Re: 20k federal workers take "buyout" so far, official says

#332

Post by elicash »

jmclnx wrote: post #188

As someone who has been offered similar buy-outs, the one presented here is a poor deal. I would not have taken that one unless I already had a job waiting for me.

This depends on your situation. For example...

Are you someone who took a federal job where you were working from home, and the nearest office near you is 5 hours away? And now you can't sell your home in time for the deadline to start working in the office?

Then yeah, you take the gamble on not getting paid. The only problem with this approach is you cannot collect unemployment like you can if you're let go.

Re: 20k federal workers take "buyout" so far, official says

#333

Post by luckydata »

veggieroll wrote: post #76
Shank wrote: post #15

I think the main issue for anyone wanting to take the offer is simply: this was never authorized by congress, so the money to pay people to September is questionable if it exists at best. Meanwhile, there's a government funding deadline on March 14, 2025. So there's a very real chance at this deal offering something closer to ~1 month of pay before it suddenly gets dropped due to budget negotiations. It would be an i…

I think the adminstration's plan to execute on this is basically garden leave. They tell the "retiring" employees to stop working, but keep them on the payroll so they keep getting paid. This administration has been playing a lot of games with "budgeted" vs. "delayed" vs. "actively being worked on" (or not). So this isn't really that different than the abrupt cancellations or delays or re-org'ing of funded and legisl…

yeah this is not a buyout, this is someone asking people to resign and that MAYBE their employer will look the other way while they don't work until the effective resignation date but no guarantees about it.

That's a setup for firing people on the spot for cause if I've ever seen one.

Re: 20k federal workers take "buyout" so far, official says

#334

Post by luckydata »

scottyah wrote: post #237
stevage wrote: post #213

Earlier quoted context omitted.

Would that cause employees to break laws if they accepted employment elsewhere during that time?

No, it is specifically stated that there are no repercussions for finding other work.

the problem is that email has no legal basis. They make promises they are not entitled to make. This is really, really bad, it's like someone that doesn't work for your company at all and is just friends with your CEO sent you a buyout proposal from their personal email.

Would you take it?

Re: 20k federal workers take "buyout" so far, official says

#335

Post by SrslyJosh »

Mithriil wrote: post #157

> "a senior administration official tells Axios." Another source of misinformation, now, maybe?

Exactly what I was thinking. They can make up any number they want, we have no way to verify it. This could just be a lie to further demoralize workers and/or make them afraid of missing out on the chance to get a buyout.

Re: 20k federal workers take "buyout" so far, official says

#336

Post by shusaku »

Shank wrote: post #15

I think the main issue for anyone wanting to take the offer is simply: this was never authorized by congress, so the money to pay people to September is questionable if it exists at best. Meanwhile, there's a government funding deadline on March 14, 2025. So there's a very real chance at this deal offering something closer to ~1 month of pay before it suddenly gets dropped due to budget negotiations. It would be an i…

I can’t blame anyone for taking the risk. That’s life changing money for normal people. And if you’re in a good spot to get a new job fast, I could see taking a chance on it.

Re: 20k federal workers take "buyout" so far, official says

#337

Post by Rafuino »

desumeku wrote: post #68
manbart wrote: post #2

Doubt it... You'd be a fool to think you'd actually get the money

Is this where we're at now? Thinking that the new administration will just openly refuse to pay people's salaries as part of a formal deal?

what in the world makes this a "formal" deal?

Re: 20k federal workers take "buyout" so far, official says

#338

Post by mcmcmc »

tdeck wrote: post #283
bilekas wrote: post #6

Earlier quoted context omitted.

> Critics argue the offer is illegal, there's no real guarantee people will get paid out, and it's something Congress would need to authorize. Give then history of this particular admistration & business', I personally wouldn't be too confident in actually getting paid up to Sept.

One key difference is that those businesses had to pay with Trump's money. While these employees will be paid with our money.

That doesn’t matter. Trump gets off on cheating people to get a “win”.

Re: 20k federal workers take "buyout" so far, official says

#339

Post by evan_ »

labster wrote: post #316
ty6853 wrote: post #288

Earlier quoted context omitted.

As was Enron...

Enron is making a comeback now: https://www.cnn.com/2024/12/02/business/enron-resurrected-jo...

as a crypto play apparently, so

> mostly on the back of [its] delusional investors creating a self-fulfilling prophecy

continues to hold true.

Re: 20k federal workers take "buyout" so far, official says

#340

Post by dgfitz »

Workaccount2 wrote: post #284
casenmgreen wrote: post #254

Earlier quoted context omitted.

Is it possible Mr. Musk's companies are actually in deep trouble financially, and this political stuff is actually a means to an end?

Tesla is abundantly wealthy mostly on the back of it's delusional investors creating a self-fulfilling prophecy.

Sounds like crypto…
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