News Briefs

THE DAILY FED

News Briefs

SECTIONS TO CHOOSE FROM:

10th Annual Federal Quality Conference

Get more information on this special conference and download a brochure and registration forms from our special conference section.

U.S. Navy International Logistics Symposium

Secretary of the Navy John H. Dalton will be a guest speaker at a three-day International Logistics Symposium sponsored by the Navy International Programs Office in conjunction with the American Society of Naval Engineers, July 14-16, 1997, at the Hyatt Regency hotel in Crystal City, VA. Representatives from government, industry and foreign nations will meet to exchange ideas and review exhibits on a variety of logistics topics related to the Navy's Foreign Military Sales program. For program information contact NAVSEA (703) 602-9000.

**TSP OPEN SEASON**The Thrift Savings Plan Open Season runs through July 31. During this time, you may begin contributing to the TSP, change the amount of your TSP contributions, or allocate TSP contributions to your account among the three investment funds. To get more information and download the forms you will need, click here.

RICH PAY MORE-"Senate leaders yesterday endorsed a plan that would require affluent seniors to pay a larger share of their doctor bills as part of a far-reaching proposal to take a Medicare recipient's high income into account for the first time in the program's history" (The Washington Post).

CIA CRITICIZED-"The House intelligence committee criticized U.S. intelligence agencies for having 'limited analytical capabilities' and an 'uncertain commitment and capability to collect human intelligence on a worldwide basis through espionage'" (The Washington Post).

CAPITAL GAINS-President Clinton warned that he won't sign a tax bill that includes capital-gains indexing. He said indexing for inflation would be too costly and violate his budget deal with Congress (The Wall Street Journal).

THE FEDERAL DIARY-"Rep. Thomas M. Davis III, R-Va., has introduced legislation that would prevent a government shutdown this year even if Congress and the White House again fail to approve agency budgets on time" (The Washington Post).