Federal unions Want A 4% Raise, Not 1%

A 1 percent pay raise is "pitiful," according to federal labor unions. They're coming out with their own proposals to counter the request President Barack Obama will make in his fiscal 2015 budget. The American Federation of Government Employees calls for a 4 percent pay raise. It says that's enough for employees to keep up with the rising costs of retirement and health care. The National Treasury Employees Union advocates for a slightly more modest 3.3 percent raise. Feds got a 1 percent lift this year and no raise for the past three years.