steveox
Well-Known Member
President Obama announced Monday that civilian federal workers' salaries will be frozen for two years to help cut federal spending.
In announcing the decision, Obama stressed the sacrifices made by the armed services and said: "These are also times where all of us are called on to make some sacrifices. And I'm asking civil servants to do what they always do and play their part."
The president added that the decision was not easy.
The White House estimates that the freeze, which does not affect military personnel, will save $2 billion for the remainder of the 2011 fiscal year, $28 billion over the next five years and more than $60 billion over the next 10 years.
http://news.yahoo.com/s/yblog_theti..._theticket/obama-announces-federal-pay-freeze
It Still doesnt go far enough. He should make his staff take a pay cut Just like Nelson Mandela did. He should make Congressmen and Senators take pay cuts as well.
In announcing the decision, Obama stressed the sacrifices made by the armed services and said: "These are also times where all of us are called on to make some sacrifices. And I'm asking civil servants to do what they always do and play their part."
The president added that the decision was not easy.
The White House estimates that the freeze, which does not affect military personnel, will save $2 billion for the remainder of the 2011 fiscal year, $28 billion over the next five years and more than $60 billion over the next 10 years.
http://news.yahoo.com/s/yblog_theti..._theticket/obama-announces-federal-pay-freeze
It Still doesnt go far enough. He should make his staff take a pay cut Just like Nelson Mandela did. He should make Congressmen and Senators take pay cuts as well.