Obama takes pay cut as ‘gesture of solidarity’

President Barack Obama  Credit: Getty Images
President Barack Obama has taken a 5 percent pay cut, commensurate with the impact on non-defense government agencies.
Credit: Getty Images

President Barack Obama will take a pay cut in a show of solidarity with workers who must take unpaid leave as a result of deep spending cuts that went into effect last month.

The president’s self-imposed pay cut would be effective from March 1, when the spending cuts began, and would last through the end of December, an administration official said Wednesday.

Obama earns $400,000 a year. The official said the president decided on the 5-percent reduction, which would total $20,000, because it would be similar to the level of cuts to non-defense government agencies.

Defense and non-defense discretionary spending has shrunk across the board as a result of reductions under a process known as sequestration. To maintain critical functions, many agencies are making workers take unpaid leave, or furloughs.

“The President has decided that to share in the sacrifice being made by public servants across the federal government who are affected by the sequester, he will contribute a portion of his salary back to the Treasury,” White House spokesman Jay Carney told reporters traveling with the president in Colorado and California.

The president’s gesture comes after the top Defense Department official said he would return part of his salary in an amount equal to pay lost by civilian employees.

Defense Secretary Chuck Hagel will give back the equivalent of 14 days’ worth of pay to the government, about $10,750, his spokesman said on Tuesday.

Sequestration was originally designed as an outcome so harsh that budget negotiators would find another way to narrow trillion-dollar deficits.

However, Obama would not back away from his insistence that any spending cuts be paid for in part by higher tax revenues, while Republicans, who had conceded higher tax rates on the rich in a budget deal in January, refused to agree to any tax hikes.

The $85 billion in overall cuts went into effect after the two sides reached an impasse.



News
Entertainment
Sports
Lifestyle
Local

FDNY debuts new fire simulator for blazes at…

The New York City Fire Department christened its newest, state-of-the-art, custom-built simulator at its training academy on Randall's Island Tuesday.

Local

Bronx cop saves baby who stopped breathing

A Bronx police officer is credited with saving the life of a 2-month-old baby who stopped breathing Tuesday morning. Police Officer Johnny Castillo, 38, was…

Local

Brewer celebrates Women's Equality Day with voter pledge

Manhattan Borough President Gale Brewer celebrated Women’s Equality Day Tuesday by pledging to register at least five women voters before the Oct. 10 deadline. Brewer…

Local

NYPD looking for lewd D train rider

The NYPD is enlisting the public’s help to find a man they say performed a lewd act on the D train Saturday evening. The incident…

Entertainment

QUIZ: How many English words do you actually…

Are you as smart as you say you are? Are you a word nerd? Take this quick vocabulary test to find out if you're a true wordsmith. Good luck.

Television

'Pretty Little Liars' recap: Season 5, Episode 12,…

If you've wondered whether Ali and Bethany knew each other, you got an answer tonight: Yes, and in a very tangled way. But many lingering…

Entertainment

Cymbals Eat Guitars Have Everything to 'LOSE'

At its most basic level, a rock band can be thought of as a family, a group of people selflessly devoted to a cause. When…

Entertainment

"Bachelor in Paradise" recap: Episode 4, 'Week Four'

Some things are hard to watch in a “Human Centipede” sort of way. Other things in an “American History X” sort of way. Does “Bachelor…

College

When are 2014 college football playoffs? (Schedule, date,…

When and where are 2014 college football playoffs? A look at the schedule, date, TV, time for the semi-finals at championship game.

NFL

Dimitri Patterson suspended only for rest of preseason…

Dimitri Patterson ended up getting just a slap on the wrist.

Sports

Eugenie Bouchard excited for 'rowdy' fans at US…

Eugenie Bouchard is sure to endear herself to New York's tennis faithful as she tries to win her first grand slam title across the next two weeks.

MLB

MLB Power Rankings: Angels and A's still at…

MLB Power Rankings: Angels and A's still at top, Nationals climb

Wellbeing

Who is having the most orgasms?

  Single lesbians report having orgasms more often than heterosexual women but both gay and straight men still come out on top of the climax…

Home

Jonathan Adler shares his tips for a great…

Jonathan Adler took a break from boogie boarding at his beach house to tell us how to keep that Labor Day party festive.

Travel

Most popular Labor Day weekend destinations

Priceline.com released its Top 20 destinations for the end of summer, including Labor Day weekend. If you’re heading to any of these spots, expect a…

Wellbeing

Working your way to type 2 diabetes: Job…

When it comes to type 2 diabetes, a stressful job can be as risky for your health as a bad diet and no exercise. A…