Obama to Freeze Federal Workers' Salaries for Two Years

Monday, 29 Nov 2010 11:33 AM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
WASHINGTON — President Barack Obama is announcing a two-year pay freeze for federal employees Monday, a move White House officials say is the first of many difficult decisions that must be made to reduce the nation's mounting deficit.

The freeze will apply to all civilian federal employees, including those working at the Department of Defense, but will not affect military personnel, the White House said. The freeze is expected to result in more than $5 billion in savings over two years, said Jeffrey Zients, a deputy director at the Office of Management and Budget.

That would make only a small dent in the $1 trillion-plus budget deficit. But with voters voicing their anger over Washington's spending during the midterm elections, even a symbolic gesture could demonstrate the White House got the message.

Although the freeze is necessary in order to put the country on sound fiscal footing, the president recognizes the impact it will have on federal employees, Zients said.

"The president is clearly asking them to make a sacrifice," he said. "We believe it is the first of many difficult steps ahead."

The chairman of Obama's bipartisan deficit commission has proposed a three-year freeze in pay for most federal employees as part of its plan to reduce the nation's growing deficit. The commission's final report is to be released this week.

Shortly after taking office in January 2009, Obama froze salaries of top White House aides. He proposed extending that freeze to political appointees across the government in last year's budget, and also eliminated bonuses for political appointees.

© Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Hollywood Democrats Panicked Over Loss of Senate Majority

Thursday, 21 Aug 2014 16:17 PM

One of Senate Minority Leader Mitch McConnell's online ads attacking Democratic opponent Alison Grimes featured her pict . . .

Sen. Dan Coats: ISIS Jihadists Probably Already Inside US

Thursday, 21 Aug 2014 16:14 PM

Members of ISIS - the bloodthirsty Islamic terror group that executed American journalist James Foley - are likely alrea . . .

Scientists Puzzled Over Slowdown in Global Warming Despite Rise in Greenhouse Gases

Thursday, 21 Aug 2014 16:06 PM

The Atlantic Ocean has masked global warming this century by soaking up vast amounts of heat from the atmosphere in a sh . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved