Obama To Return 5 Percent Of Salary To Treasury

Who buys nonsense like this? Roll Eyes

WASHINGTON — President Barack Obama will return 5 percent of his salary each month to the Treasury in a show of solidarity with federal workers smarting from government-wide spending cuts, the White House said Wednesday.

Obama’s decision grew out of a desire to share in the sacrifice that government employees are making, said a White House official, who was not authorized to discuss the decision publicly and spoke on condition of anonymity. Hundreds of thousands of workers could be forced to take unpaid leave — known as furloughs — if Congress does not reach an agreement to undo the cuts.

The president is demonstrating that he will be paying a price, too, as the White House warns of dire economic consequences from the $85 billion in cuts that started to hit federal programs last month after Congress failed to stop them. In the weeks since, the administration has faced repeated questions about how the White House itself will be affected. The cancellation of White House tours has drawn mixed reactions.

A 5 percent cut from the president’s salary of $400,000 per year amounts to $1,667 per month. The move will be retroactive to the March 1 — the day the cuts started to kick in — and will remain in effect for the rest of 2013, the White House official said.

The notice followed a similar move a day earlier by Defense Secretary Chuck Hagel, who committed to taking a salary cut equal to 14 days’ pay — the same level of cut that other Defense Department civilians are being forced to take. As many as 700,000 civilians will have to take one unpaid day off each week for up to 14 weeks in the coming months.

3 Responses

  1. noblindersonme

    well for starters, I think most democrats are not getting too excited by this and don’t see it as anything magnanimous , only political , BUT I will bet a steak dinner that if a REPUBLICAN President has done this stunt the right would go berzerk with hoorahs !! Had Bush McCain Mitt or theatrical Palin done this , every republican would be buying this nonesense -ESP. YOU!!!!
    Reagan said every American should Tithe . Do you even remember that or know what it means ? I doubt it . A smart ass like you only thinks of himself and gives lip service to the ways of patriotic duty!
    ( unable again to defend an accusation that he dispises charity and service to anyone other than himself, Kev will reply in the only way he knows , that I am a slackerparasite on society AND he doesn’t have to tithe cuz he ‘pays too much in taxes!” Yeah who buys THAT nonsense!)

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