Obama to the rescue…oh wait…
Don’t worry about that whole budget thing taxpayers, Obama is giving back 5 percent ($20k per year) of his salary to Treasury. And then he’ll hop on Air Force One to take a $180k per HOUR ride to fundraise with the same fat cat millionaires and billionaires he campaigned against. Makes sense to me.
Obama To Return 5 Percent Of Salary To Treasury
Associated Press
Josh Lederman
April 3, 2013
President Barack Obama will return 5 percent of his salary each month to the Treasury in a show of solidarity with federal workers smarting from government-wide spending cuts, the White House said Wednesday.
Obama’s decision grew out of a desire to share in the sacrifice that government employees are making, said a White House official, who was not authorized to discuss the decision publicly and spoke on condition of anonymity. Hundreds of thousands of workers could be forced to take unpaid leave – known as furloughs – if Congress does not reach an agreement to undo the cuts….
A 5 percent cut from the president’s salary of $400,000 per year amounts to $1,667 per month. The move will be retroactive to the March 1 – the day the cuts started to kick in – and will remain in effect for the rest of 2013, the White House official said…
