Obama to return 5% of salary in solidarity

2013-04-04 09:06
US President Barack Obama. (Mandel Ngan, AFP)

US President Barack Obama. (Mandel Ngan, AFP)

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

kalahari.com

Washington - President Barack Obama will return 5% of his salary to the US Treasury in a show of solidarity with federal workers hurting from $85bn in government-wide spending cuts.

Hundreds of thousands of workers could be forced to take unpaid leave if Congress does not reach an agreement soon to undo the cuts, which came as punishment for the inability of the Obama administration and Congress to come up with another way to address the country's gaping debt.

The 5% that Obama will hand back mirrors the 5% cut that domestic agencies took when the reductions went into effect. The Pentagon's budget took an 8% hit.

Every federal agency is grappling with spending cuts, which the White House has warned could affect everything from commercial airline flights to classrooms.

A 5% cut from the president's salary of $400 000 per year amounts to $20 000.

Obama will return a full $20 000 to the Treasury, said a White House official who was not authorized to discuss the decision publicly and spoke on condition of anonymity.

"The salary for the president, as with members of Congress, is set by law and cannot be changed," Obama spokesperson Jay Carney said late on Wednesday. "However, the president has decided to share in the sacrifice being made by public servants across the federal government."

Won’t affect other perks

Wednesday's notice followed a similar move a day earlier by Defence Secretary Chuck Hagel, who committed to taking a salary cut equal to 14 days' pay - the same level of cut that other Defence Department civilians are being forced to take.

Obama isn't the first president to give up part of his pay check.

John F Kennedy donated his presidential salary to various charities, according to Stacey Chandler, an archivist at the John F. Kennedy Presidential Library. George Washington, the first president, tried to refuse a presidential salary, but Congress required that the position pay $25 000.

Obama's salary is set by law, so he must accept the funds and then write a check to the Treasury each month for the portion he plans to give up.

Obama's decision, first reported by The New York Times, won't affect the other perks afforded the president, from a mansion staffed with servants to the limousines, helicopters and Boeing 747 jumbo jet.


- SAPA
Read more on:    chuck hagel  |  barack obama  |  us  |  economy
NEXT ON NEWS24X
SHARE:

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
10 comments
Add your comment
Comment 0 characters remaining
 

Inside News24

 
/Wine
 

You HAVE to see this MTB Tsunami Fip!

You might not know what a Tsunami Flip is, but just watching this will turn your eyes into saucers. Check out this first-ever MTB Tsunami Flip in contest here.

 
 

Where were you when you last felt alive?

Bear Grylls’ top 10 things kids should do outdoors
Mountain unicycling – say WHAT?
Top tips to ensure you’re running right
Stand-up paddle boarding a great workout

Jobs in Cape Town [change area]

Property [change area]

Travel - Look, Book, Go!

Magical Massinga

Spend 5 nights at the gorgeous Massinga Beach Lodge in Mozambique and only pay for 4 from R13 220 per person sharing. Includes return flights, accommodation, transfers and romantic turndown. Book now!

Kalahari.com - shop online today

Deal of the week!

20% off Afrikaans books, music and DVDs. Offer valid while stocks last. Shop now!

Save up to R1000 on Hisense smartphones!

View the large range of Hisense smartphones. Buy today and save up to R1000!

Hot gaming titles – available for pre-order!

Call of Duty: Advanced Warfare Day Zero Edition, Far Cry 4, Grand Theft Auto 5 and more. Pre-order now!

Get a free eBook

Buy 3 eBooks and get the cheapest FREE. Offer valid while stocks last. Shop now!

Bargain box – 60% off

Reduced prices, very limited stock. While stocks last. Hurry and shop now!

OLX Free Classifieds [change area]

Samsung Galaxy s4

Mobile, Cell Phones in South Africa, Western Cape, Cape Town. Date October 24

Best bargain in big bay

Real Estate, Houses - Apartments for Sale in South Africa, Western Cape, Cape Town. Date October 25

VW Golf 6, 1.6 Trendline (Excellent condition)

Vehicles, Cars in South Africa, Western Cape, Cape Town. Date October 25

Horoscopes
Aquarius
Aquarius

Power and leadership are emphasized today. It is important to strategize and delegate well otherwise you may end up with too much...read more

There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.








Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.