Monday, November 29, 2010

President Barack Obama announced a proposal Monday to freeze pay for federal workers over the next two years, one of several "very tough decisions" coming from the administration as it attempts to rein in government spending and address the looming federal deficit.

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President Barack Obama announced a proposal Monday to freeze pay for federal workers over the next two years, one of several "very tough decisions" coming from the administration as it attempts to rein in government spending and address the looming federal deficit.
"In these challenging times. we want the best and brightest to join and make a difference, but these are also times where all of us are called on to make sacrifices," Obama said in a statement at the White House. "And I'm asking civil servants to do what they have always done. Play their part."
The freeze, which requires congressional approval, applies to civilian federal employees -- including non-military personel serving at the Department of Defense. The White House says the move will save $2 billion during the rest of the current fiscal year and $28 billion over the next five years.
Obama noted the difficulty of the decision in his remarks Monday, saying "this is not just a line-item on a federal ledger. These are people's lives."

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