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In this video, the speaker discusses the 2023 federal pay raise for employees on the GS pay scale. The White House has recommended a base pay increase of 4.1% and a locality pay raise of 0.5%, resulting in an overall average pay increase of around 4.6%. However, the actual pay increase may vary across different areas covered by the GS pay scale. The updated 2023 GS pay scale reflects these changes. Subscribe for more videos on taxes, money, and the economy.
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