President Obama to give back part of his salary - WAOW - Newsline 9, Wausau News, Weather, Sports

President Obama to give back part of his salary

Posted:

WASHINGTON (ABC NEWS) -- President Barack Obama says he will return five percent of his $400,000 salary to the US Treasury. 

It's a show of solidarity with federal workers forced to go on furlough.

The announcement came after the Defense Secretary and Deputy Defense Secretary pledged to return a portion of their salaries.

Thousands of federal workers are facing mandatory furloughs because of the budget cuts imposed by the sequester.

The President's returned salary equals $20,000.

Powered by Frankly