They're Raiding the TSP!

Once again, the Treasury Department is tapping the Thrift Savings Plan's G Fund to maneuver around statutory limits on the national debt, the Post's Steve Barr reported yesterday. Here's a dirty little secret: Those of us who report on the civil service have enjoyed playing up this story when it's happened in the past (as it has several times), because of the whiff of malfeasance it gives off: Government robs its own employees' retirement funds! But as always, there's really no danger to employees' TSP accounts.

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