]Workers getting fewer raises... But Congress may be ready to spend more

[Panich52]

Workers getting fewer raises - NYT

“…the share of payroll budgets devoted to straight salary increases sank to a low of 1.8 percent in the depths of the recession … It has rebounded modestly since the recession, but still only rose 2.9 percent in 2014 … Last year, [short-term rewards and bonuses] hit a record 12.7 percent … While a few more dollars in each paycheck may lack that Christmas-morning feeling, a raise is the gift that keeps on giving.”

http://mobile.nytimes.com/2015/05/26/business/one-time-bonuses-and-perks-muscle-out-pay-raises-for-workers.html?referrer=


Congress may be ready to spend more, says The Hill:

“…spending ceilings are unpopular with members of both parties. Pressure to break them is coming from all sides, and building … Lawmakers want more funding for the Pentagon to battle [ISIS]. Last week’s deadly Amtrak crash has provoked Democrats to call for higher infrastructure spending. Other lawmakers warn that the federal government isn’t providing enough funds for law enforcement…”

http://thehill.com/policy/finance/242813-washington-is-ready-to-spend