And the fall of the United States continue!

WASHINGTON – President Barack Obama announced a pay freeze for 2 million federal employees Monday and warned the American public that the move is the first of many difficult decisions that must be made to slash the nation's mounting deficits.
"The hard truth is that getting this deficit under control is going to require some broad sacrifice, and that sacrifice must be shared by the employees of the federal government," Obama said.
The two-year freeze would apply to all civilian federal employees, including those working at the Department of Defense, but would not affect military personnel. The freeze is expected to save more than $5 billion in savings over two years, $28 billion over five years and more than $60 billion over 10 years, White House officials said.
Congress is not covered by Obama's order, but lawmakers voted last April to freeze their pay, with the House and Senate opting to forgo an automatic $1,600 annual cost-of-living increase. House members and senators now are paid $174,000 a year. Their last pay increase was $4,700 a year at beginning of 2009.
The president's pay of $400,000 a year was fixed by Congress in January 2001. It has not changed since then.
While Obama said the federal employee salary freeze was necessary to put the nation on sound fiscal footing, he also said that he didn't reach the decision lightly.
"This is not just a line item on a federal ledger," he said. "These are people's lives."
The savings from the pay freeze make only a small dent in the nation's $1 trillion-plus budget deficit. But with voters voicing their anger over Washington's spending during the midterm elections, even a symbolic gesture would show the White House got the message.
Obama and bipartisan congressional leaders will meet at the White House Tuesday for the first time since Republicans gained control of the House and increased their strength in the Senate during the midterm elections. Obama said he hopes the move to freeze federal pay sets a serious tone for the meetings.
"We're going to have to budge on some deeply held positions, and compromise for the good of the country," Obama said.
The co-chairmen of Obama's bipartisan deficit commission have 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 proposal also suggested cuts to Social Security benefits and higher taxes for millions of Americans to stem the flood of red ink that they say threatens the nation's very future. The popular child tax credit and mortgage interest deduction also would be eliminated.
The commission's final report is due to be released later 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.
The pay freeze would not affect bonuses or step increases for federal employees.
John Gage, president of the 600,000-member American Federation of Government Employees, called the decision "a slap at working people."
"Working people's wages are not the issue with this deficit or what is going on in our country," Gage said. "To symbolically hit at federal employees I think is just wrong."
Gage said the White House was using federal workers as scapegoats for the nation's deficit problems. He said the move would not really save as much as the White House claims because federal employees often get just a fraction of projected raises. Federal workers received a 1.9 percent pay increase this year.

Hmmmm, we are going to pay for it and the Gov. is going to keep spending!

Views: 26

Reply to This

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

Doc Vega posted a blog post

The Escape

The dreamland comes as I close my eyesTake me from the forbidden lands that I despiseWhere all…See More
4 hours ago
cheeki kea commented on Sandy's photo
Thumbnail

FB_IMG_1775463256193

"ahh yes but one must be well  practised in the art of double think for such occasions as these…"
9 hours ago
honeygirl posted videos
yesterday
Doc Vega posted a blog post

You’ve Heard of Champ, right? This Aint it!

 CHAMP, you might be thinking of is a legendary cryptid supposedly existing in the waters of Lake…See More
Monday
Less Prone favorited Sandy's photo
Monday
Less Prone favorited Sandy's photo
Monday
Doc Vega posted a blog post

Truth or Fiction? You Figure it Out

 Working for the federal government, specifically, the Pentagon. I was, what you might call a…See More
Saturday
tjdavis posted a video

GOLDSPHINCTER - Donald J Trump is Acrid Goldsphincter (James Bond Music Parody)

In this James Bond parody, Donald J Trump is Acrid Goldsphincter in our version of the classic Bond "Goldfinger" theme song. All voices and singing performed...
Saturday
Doc Vega posted a blog post

How Long does Destabilization Take?

How long does it take to topple a society targeted by the left? What ingredients go into this toxic…See More
Apr 9
tjdavis posted a photo
Apr 9
tjdavis posted a video
Apr 8
Doc Vega posted blog posts
Apr 7
Burbia commented on Cryptocurrency's group Video Archive
Apr 7
Doc Vega commented on Doc Vega's blog post How Many Clues Did You Need To Figure out the Covid scare was Bogus? Revisiting Stupidity
"cheeki kea you are spot on. It won't be until the elephant on Wall Street is as high as the…"
Apr 6
Sandy posted photos
Apr 6
harrisseo is now a member of 12160 Social Network
Apr 5
Doc Vega's 4 blog posts were featured
Apr 5
tjdavis posted a blog post
Apr 4
tjdavis posted videos
Apr 4
cheeki kea left a comment for Gordon Freeman
"Greetings and welcome to you Gordon it's great to have you join us all here."
Apr 3

© 2026   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted