To put things in perspective, the check Obama will cut would cover the costs of Air Force One for about six and a half minutes as he needlessly flies around the country on his endless campaign.
He was basically shamed into doing this after his Defense Secretary announced yesterday he’d return a portion of his pay to help offset sequester cuts.
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.