Mixed Bag Of Bull

The president's proposed 2014 budget request is a mixed bag for federal employees. They'd see a 1 percent increase in pay. But they'd also begin to pay more into their retirement accounts. The White House is calling for an increase of 1.2 percent over three years to those payments. It says that would save $20 billion over ten years. Plus, the president is calling for use of a so-called chained index that would trim cost of living allowances for retirees. The budget calls for continuing the pay freeze for political appointees.