Obama to give up 5% of salary in show of solidarity over cuts

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Barack Obama will hand back 5% of his presidential salary of $400,000. Photograph: Brennan Linsley/AP


Barack Obama will return 5% of his salary to the US treasury in a show of solidarity with federal workers affected by $85bn in government-wide spending cuts.

Hundreds of thousands of workers could be forced to take unpaid leave if Congress fails to reach an agreement soon to undo the cuts, which came as punishment for the inability of the Obama administration and Congress to come up with another way to address the country's debt.

The 5% that Obama will hand back mirrors the 5% cut that domestic agencies took when the reductions went into effect. The Pentagon's budget took an 8% hit.

Every federal agency is grappling with spending cuts, which the White House has said could affect everything from commercial flights to classrooms.

A 5% cut from the president's salary of $400,000 (£265,000) a year amounts to $20,000.

- http://www.guardian.co.uk/world/2013/apr/04/barack-obama-salary-solidarity

"The salary for the president, as with members of Congress, is set by law and cannot be changed," Obama's spokesman, Jay Carney, said on Wednesday. "However, the president has decided to share in the sacrifice being made by public servants across the federal government."
 
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Not in Sinkapore! Good leaders should always lead by example.Rhetorically exhorting fellow Sinkapore citizens to tighten their belts while paying skyhigh salaries for themselves as ministers and mandarins seem out of sorts!:rolleyes: And oh yes, in Sinkapore there's no minimum wage policy! :D
 
Not in Sinkapore! Good leaders should always lead by example.Rhetorically exhorting fellow Sinkapore citizens to tighten their belts while paying skyhigh salaries for themselves as ministers and mandarins seem out of sorts!:rolleyes: And oh yes, in Sinkapore there's no minimum wage policy! :D

Dumbfuck opposition supporting retard talking up his ass. LHL gave all his pay increase out to charity back in 07. Obama is smart he only gets a small salary, the real money is from the other perks he gets as president

http://sgforums.com/forums/10/topics/247814
 
Yes. More perks and lower salary for the prime minister. Office holders, after all, should have privileges befitting of their status!
 
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