President Barack Obama plans to give back five percent of his pay in a gesture of solidarity with
government 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 on Wednesday.
Obama earns $400 000 a year. The official said the president decided on the five-percent reduction, which would total $20 000, because it would be similar to the level of cuts to non-defence government agencies.
Defence and non-defence 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.
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