Five Things to Know about the President’s Budget Proposal
President Biden released his budget proposal for fiscal year 2024 last week which includes an average 5.2 percent pay increase for federal employees and significant funding boosts for many NTEU-represented agencies.
Here are some things federal employees should know about the budget proposal:
The proposed average 5.2 percent pay raise would be the largest pay increase in 43 years. While NTEU continues to support the FAIR Act, this is a welcome start to the debate over federal pay.
Many NTEU-represented agencies would receive robust funding increases in fiscal year 2024. This includes the Internal Revenue Service, Department of Energy, Environmental Protection Agency, National Park Service, Health and Human Services and Social Security Administration.
The budget proposal endorses President Biden’s call for a national comprehensive paid family and medical leave policy. The proposal calls for providing workers with progressive, partial wage replacement to take time off for family and medical reasons.
The budget offers continued support for collective bargaining within the federal sector and for legislation to prevent another Schedule F type of scheme that would strip federal employees of their rights.
The president’s budget request is the first step in the complicated process of funding the federal government. As Congress begins working on government funding for the next fiscal year, NTEU will fight to ensure that federal employees receive a fair pay increase and that agencies have the resources necessary to meet their important missions.