Tags: biden | salary | obama | hagel

Biden Not Ready to Give Back, Will Keep Salary, For Now

Saturday, 06 Apr 2013 08:24 AM

By Matthew Auerbach

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Unlike some other members of the Obama administration, Vice President Joe Biden is holding off on donating a portion of his salary as a gesture to those affected by the sequester, but that could change if and when members of his staff are furloughed, CBS News reports.

“The vice president is committed to sharing the burden of the sequester with his staff,” Biden's office said in a statement issued Friday.

Editor's Note:
5 Signs Stock Market Will Collapse in 2013

Biden would be in some high-ranking company if he indeed decides to donate a percentage of his salary to charity or pay back the Treasury.

This week alone, Defense Secretary Chuck Hagel, Secretary of State John Kerry and Obama himself all pledged to return part of their salaries to the U.S. Treasury in a show of solidarity with workers feeling the squeeze of budget cuts.

Secretary of Homeland Security Janet Napolitano, Treasury Secretary Jacob Lew and other cabinet secretaries also promised to do the same.

Biden is the antithesis of the independently wealthy politician.

He and wife Jill Biden reported a combined income of $379,035 in 2011 and his average net worth that same year was approximately $423,000, according to a calculation by the Center for Responsive Politics.

Contrast that with Kerry's net worth, which is estimated to be in excess of $200 million.





© 2014 Newsmax. All rights reserved.

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:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Kerry Extends Gaza Talks as Israel, Hamas Accept 12-Hour Cease Fire

Friday, 25 Jul 2014 19:13 PM

Secretary of State John Kerry said the search for a lasting cease-fire in Gaza will extend into the weekend, as Israel a . . .

Solar Storm Could Cause Major Blackout on Earth

Friday, 25 Jul 2014 18:35 PM

Two years ago, Earth really lucked out. The New York Post reports that a series of massive solar flares just missed Eart . . .

Members of Congress Push PP on Abortion Quota Allegations

Friday, 25 Jul 2014 17:21 PM

Members of Congress are calling for answers after a former Planned Parenthood employee alleged the organization has quot . . .

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