November 29, 2010

A STRANGE SORT OF SOCIALIST:

Obama Proposes Freeze on Federal-Worker Pay (JONATHAN WEISMAN, 11/29/10, WSJ)

President Barack Obama on Monday proposed a two-year salary freeze for all federal civilian employees, ahead of negotiations with Congress on deficit-cutting that are likely to dominate Washington next year.

The freeze, which would require congressional approval, would affect about two million workers and cover calendar years 2011 and 2012. [...]

Though in effect for two years, the proposed freeze would save $28 billion over five years and more than $60 billion over 10 years as the government pockets savings from a lower wage base for its civilian work force, said Jeffrey Zients, deputy White House budget director for management.


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Posted by Orrin Judd at November 29, 2010 5:27 PM
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