Obama to Return 5 Percent of Salary to Treasury
×
[contact-form-7 404 "Not Found"]
by News Editor
Politico – President Obama will write checks back to the Treasury equal to five percent of his full annual salary in a sign of solidarity with government employees facing furloughs because of sequestration, an administration official said.
“The salary for the president, as with members of Congress, is set by law and cannot be changed,” the official said. “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, he will contribute a portion of his salary back to the Treasury.”