President Obama

Obama to Return Salary

The President will return 5% of his salary to the treasury,a show of solidarity with federal workers

by #teamEBONY, April 04, 2013

President Obama

President Obama is meeting with local law enforcement officials and community leaders to discuss the state's new measures to reduce gun violence.

Photo courtesy of AP Photo/Susan Walsh

Sharing a bit of budget pain, President Barack Obama will return 5 percent of his salary to the Treasury in a show of solidarity with federal workers smarting from government-wide spending cuts.

Obama's decision grew out of a desire to share in the sacrifice that government employees are making, a White House official said Wednesday. Hundreds of thousands of workers could be forced to take unpaid leave — known as furloughs — if Congress does not reach an agreement soon 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 — called a sequester — 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 cancelation of White House tours in particular has drawn mixed reactions.

Read it at Yahoo.



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