Posted on 04/03/2013 12:41:02 PM PDT by OKRA2012
President Obama will return 5 percent of his salary to the Treasury Department, a senior White House official tells ABC News, a sign of solidarity with the federal workers who face furloughs due to the sequester cuts.
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, a White House aide said.
(Excerpt) Read more at abcnews.go.com ...
This is nothing but grandstanding which will be completely ineffective.
This guy is good. 5% is nothing compared to what he spends just on vacations.
Hey jerkweed, keep the money, just resign.
Doe a POTUS ever spend his own money?
Thank you, Dear Leader. Your loyal revolutionary comrades will build a Soviet-style monument to commemorate this great sacrifice.
Still WAY overpaid!
Some presidents took NO salary, because they were already rich. Herbert Hoover I believe. And maybe JFK.
Obama can easily afford to do that too.
5% is his standard tip rate.
Is he going to make it effective before or after his next vacation?
The redistribution of $1.4 billion each year
What can you buy for $1.4 billion a year? You can buy the most luxurious and costly royal presidency in history.
Taxpayers spent $1.4 billion dollars on everything from staffing, housing,
flying and entertaining President Obama and his family last year, according to
the author of a new book on taxpayer-funded presidential perks.
In comparison, British taxpayers spent just $57.8 million on the royal family.
Author Robert Keith Gray writes in Presidential Perks Gone Royal that Obama
isnt the only president to have taken advantage of the expensive trappings of
his office. But the amount of money spent on the first family, he argues, has
risen tremendously under the Obama administration and needs to be reined in.
Gray told The Daily Caller that the $1.4 billion spent on the Obama family last year is the total cost of the presidency, factoring the cost of the biggest staff in history at the highest wages ever, a 50 percent increase in the numbers of appointed czars and an Air Force One running with the frequency of a scheduled air line.
Perspective: $1.4 billion is equal to spending seven times Mitt Romneys entire net-worth every year. If Romney had to pay for Barack and Michelles lifestyle this year, he would have been bankrupted by the third week in February.
Now, can we please get back to talking about the evil, freeloading rich people, who didnt build anything and who need to “pay a little bit more.”
“All that is necessary for the triumph of evil is that good men do nothing. - Edmund Burke (1729 - 1797)
That’s mighty white of him!
Mighty 1/2 white of him...
Eighteen seconds. A lifetime on FR...
Fixed it
You took too long to do the math.
HA!!!
How generous.
IF he’s going to share the sacrifice then maybe he could pick up the tab on some of his recreational events at the White Hut and on the road.
Big Daddy $oros will just buy another warehouse full of copies of Obama’s 2 books.
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