 |
| President of the U:S:A. Barack Obama |
President Barack Obama has
decided to give up 5% of salary to the treasury of US in an effort to show
solidarity with the federal workers who are facing cuts.
Obama’s decision was borne
out of his desire to share in the effort of federal government-wide cut aimed
at down-sizing government expenditure.
Obama spokesman Jay Carney
warned that the federal government employees could be forced to take upaid
leave if the legislature fails to reach an agreement to undo the cuts.
Explaining that the 5% return is voluntary.
"The salary for the president, as with members of
Congress, is set by law and cannot be changed, However, the president has
decided that to share in the sacrifice being made by public servants across the
federal government that are affected by the sequester (cuts), he will
contribute a portion of his salary back to the Treasury."
A 5% of Obama’s salary of
$400,000 per year amounts to $20,000.
No comments:
Post a Comment