retirement contributions

MAGA Senators Exempt Themselves From Retirement Contribution Hike in Trump Bill

To fund President Trump’s budget bill, Senate Republicans proposed significantly increasing retirement contributions for federal employees, raising them to 15.6% of their salaries. This measure exempts members of Congress, their staff, and federal law enforcement from the increased contributions, as well as a 10% fee on union dues deductions. The bill is being pushed through the reconciliation process to bypass the filibuster, despite opposition within the GOP and criticism of its impact on the deficit and potential cuts to social programs. This is occurring amidst the Trump administration’s efforts to reshape the federal workforce.

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