Skip to main content
Tags: biden | salary | obama | hagel

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

By    |   Saturday, 06 April 2013 08:24 AM EDT

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.





© 2026 Newsmax. All rights reserved.


Newsfront
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.
biden,salary,obama,hagel
225
2013-24-06
Saturday, 06 April 2013 08:24 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
TOP

Interest-Based Advertising | Do not sell or share my personal information

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

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