Quantcast

Obama to return 5 percent of salary to Treasury - Greenville, NC | News | Weather | Sports - WNCT.com

Obama to return 5 percent of salary to Treasury

Posted: Updated:
WASHINGTON -

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.
    
The president is demonstrating that he will be paying a price, too, as the White House warns of dire economic consequences from the $85 billion in cuts that started to hit federal programs last month after Congress failed to stop them. In the weeks since, the administration has faced repeated questions about how the White House itself will be affected. The cancellation of White House tours has drawn mixed reactions.
    
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.
    
The notice followed a similar move a day earlier by Defense Secretary Chuck Hagel, who committed to taking a salary cut equal to 14 days' pay - the same level of cut that other Defense Department civilians are being forced to take. As many as 700,000 civilians will have to take one unpaid day off each week for up to 14 weeks in the coming months.
    
On Monday, the White House said 480 workers on the president's budget staff had been notified they may have to take days off without pay. Obama's press secretary, Jay Carney, wouldn't say whether notices have gone out to Obama aides outside the Office of Management and Budget, including senior staff in the West Wing. But he said pay cuts remained a possibility for additional White House employees if a budget deal to undo the cuts isn't reached.
    
Every federal agency is grappling with spending cuts. Carney said the White House also has been trying to cut costs by slowing down hiring, scaling back supply purchases, curtailing staff travel, reducing the use of air cards for mobile Internet access and reviewing contracts to look for savings.
    
___
    
Associated Press writer Lolita C. Baldor contributed to this report.

  • PoliticsMore>>

  • NC flags lowered on day of Fulghum service

    NC flags lowered on day of Fulghum service

    Wednesday, July 23 2014 5:11 AM EDT2014-07-23 09:11:02 GMT
    A first-term North Carolina legislator who died last weekend will be formally remembered within state government and at the church he attended for decades.
    A first-term North Carolina legislator who died last weekend will be formally remembered within state government and at the church he attended for decades.
  • NC counties see sales tax changes in Senate bill

    NC counties see sales tax changes in Senate bill

    Tuesday, July 22 2014 10:46 PM EDT2014-07-23 02:46:55 GMT
    File PhotoFile Photo
    Four large North Carolina counties would see their authority to raise sales taxes scaled back in Senate legislation that its Republican supporters say would level the playing field across the state in generating revenue.
    Four large North Carolina counties would see their authority to raise sales taxes scaled back in Senate legislation that its Republican supporters say would level the playing field across the state in generating revenue.
  • State: Ex-Tarboro town manager used funds inappropriately

    State: Ex-Tarboro town manager used funds inappropriately

    Tuesday, July 22 2014 7:10 PM EDT2014-07-22 23:10:06 GMT

    The state auditor’s report determined that the former town manager “made nearly $366,000 of purchases" that were inappropriate.

    The state auditor’s report determined that the former town manager “made nearly $366,000 of purchases" that were inappropriate.

  • Trending StoriesTrending StoriesMore>>

  • Teen mom charged after baby found buried at Louisburg home

    Teen mom charged after baby found buried at Louisburg home

    Tuesday, July 22 2014 11:44 PM EDT2014-07-23 03:44:25 GMT
    Ashley Reed, 16, of Louisburg is charged with concealing a death after her infant was found buried beside her house.
    Ashley Reed, 16, of Louisburg is charged with concealing a death after her infant was found buried beside her house.
  • Largest companies by revenue in each state

    Largest companies by revenue in each state

    Thursday, July 10 2014 8:01 PM EDT2014-07-11 00:01:10 GMT
    Broadview Networks recently decided to find out the biggest -- by revenue -- company in each state in the US.The company used the Fortune 500 list to start with, but needed data by state, so it turned to Hoover's.With data from that company, they were able to search through each state's list of companies and then find the largest -- by revenue.Just flip through the list above and see who is the biggest in each state, what town they are based and their revenue.
    Broadview Networks recently decided to find out the biggest -- by revenue -- company in each state in the US.The company used the Fortune 500 list to start with, but needed data by state, so it turned to Hoover's.With data from that company, they were able to search through each state's list of companies and then find the largest -- by revenue.Just flip through the list above and see who is the biggest in each state, what town they are based and their revenue.
  • Couple arrested for having sex on Cortez Beach in front of beachgoers

    Couple arrested for having sex on Cortez Beach in front of beachgoers

    Tuesday, July 22 2014 1:08 PM EDT2014-07-22 17:08:35 GMT
    Bradenton Beach police officers were dispatched to Cortez Beach after a few people called 911 and complained about a couple having sex publicly, right next to a little girl on the beach.
    Bradenton Beach police officers were dispatched to Cortez Beach after a few people called 911 and complained about a couple having sex publicly, right next to a little girl on the beach.
Powered by WorldNow

3221 South Evans Street
Greenville N.C. 27834

Telephone: 252.355.8500
Fax: 252.355.8568
Email: newsdesk@wnct.com

Can't find something?
Powered by WorldNow
All content © Copyright 2000 - 2014 Media General Communications Holdings, LLC. A Media General Company.