Did any other president ever do this?

*raises eyebrow*

From NY Times:
In a Budget Gesture, Obama Will Return 5% of His Salary

President Obama plans to return 5 percent of his salary to the Treasury in solidarity with federal workers who are going to be furloughed as part of the budget cutting process known as sequester, an administration official said Wednesday.

The voluntary move would be retroactive to March 1 and apply through the rest of the calendar year, the official said. The White House came up with the 5 percent figure to approximate the level of automatic spending cuts to non-defense federal agencies that took effect that day.

“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,” the official said.

Word of the president’s decision came just a day after Defense Secretary Chuck Hagel and Deputy Defense Secretary Ashton B. Carter disclosed that they will return a share of their salaries commensurate with the pay lost by the department’s civilian employees who are expected to be furloughed for 14 days before the end of the fiscal year.

The president makes $400,000 a year, so 5 percent of that salary over 10 months would amount to $16,667. The president’s salary is set by law and cannot be changed during his term, but he will write a check starting this month, the official said.
*blink*

I wish 5% of my check came to $16,667.

Comments

  1. It may be more symbolic than anything, but damn...that's an integrity move.

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    1. I guarantee you though people will have a problem with this. No other president did or would have done this! And I doubt if Mitt would have had he made it into the White House.

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  2. Other than Chuck Hagel( I have no idea what the secretary of defense party affiliation is ),I wonder how many Republicans will do this? It's a good gesture on Obama's part,but you know theyre not going to say anything about it.

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    1. Oh they will say something about it...Negative. They are thinking of a way to make it look bad on him. Probably saying its not his money, but the taxpayers money. Just like they are complaining about Michelle taking their daughters on a vacation for spring break. I read some blogs and people are saying why does he need a salary and to give up his retirement money from the presidency. Oddly enough no one mentioned the other (white) presidents giving up their retirement fund. hmmmm how odd. What cracks me up is if he did give up his salary these morons do not realize it will not benefit them.

      @M-Hagel is a Republican. The ONLY one who has stepped up and done this.

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    2. I read some blogs and people are saying why does he need a salary and to give up his retirement money from the presidency. Oddly enough no one mentioned the other (white) presidents giving up their retirement fund. hmmmm how odd.

      How odd indeed.

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  3. I'm expecting either complete silence on this subject or some ridiculous spin on it to make it seem like a bad thing.

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    1. Well they have been talking about it on the news (HLN).

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  4. ***Fun Fact***

    Obama isn't the first president to give up part of his paycheck. Herbert Hoover put his salary in a separate account, then divvied it up, giving part to charity and part to employees he felt were underpaid, according to an interview he gave in 1937. John F. Kennedy donated his presidential salary to various charities, according to Stacey Chandler, an archivist at the John F. Kennedy Presidential Library.

    George Washington refused pay during the latter part of his military career, according to researchers at Mount Vernon. He tried to refuse a presidential salary, but Congress required that the position pay $25,000.

    Among lawmakers, Sen. Mark Begich, an Alaska Democrat, said Wednesday that he, too, would return part of his income to the Treasury, although he did not specify how much of his $174,000 salary he would give up. Begich said his office started furloughing staffers in mid-March and more than half of his staff will have their pay cut this year.
    (Source)

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    1. Wow did not know that. John Kerry is also giving away part of his pay. I think 5%.

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