Obama So Worried About “Fiscal Cliff” That He’s Ordered $11B In Pay Raises For Federal Workers

Obama Orders Pay Raise For Biden, Members Of Congress, Federal Workers – Weekly Standard

President Barack Obama issued an executive order to end the pay freeze on federal employees, in effect giving some federal workers a raise. One federal worker now to receive a pay increase is Vice President Joe Biden.

According to disclosure forms, Biden made a cool $225,521 last year. After the pay increase, he’ll now make $231,900 per year.

Members of Congress, from the House and Senate, also will receive a little bump, as their annual salary will go from $174,000 to 174,900. Leadership in Congress, including the speaker of the House, will likewise get an increase.

Here’s the list of new wages, as attached to President Obama’s executive order:

“A new executive order has been issued providing for a new pay schedule beginning ‘on the first day of the first applicable pay period beginning after March 27, 2013,'” reports FedSmith.com. “The pay raise will generally be about 1/2 of 1%.”

Jeryl Bier points to an example of the pay increase for average government executives:

“Not much of an increase, but an increase all the same,” Bier notes.

And the timing isn’t great either: Just as President Obama and Congress try to avert going over the “fiscal cliff,” he doles out pay increases to federal workers.

UPDATE: According to a senior Republican congressional aide who has reviewed the executive order and consulted with the Congressional Budget Office, Obama’s pay raise will cost $11 billion. “The CBO told us that the President’s pay raise for federal workers will cost $11 billion over ten years,” says the aide.

The aide explains, “On the cost-estimate, CBO says the (discretionary) cost of the .5% pay-hike the President is calling for in the Exec Order – relative to a freeze – is about $500m in FY 2013 and $11 billion over the ten years from FY 13 – FY 22. The reason why the FY ’13 savings is only $500 million is because the pay hike as proposed by the President’s Exec Order would not go into effect until April 1st, 2013 – when the current CR expires. So it only covers half the fiscal year. The annualized cost of the pay hike is about $1 billion/year.”

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*VIDEO* A Little Conservative Sanity From Senator Marco Rubio Concerning The “Fiscal Cliff”



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Fiscal Cliff update! Speaker Beohner offers up tax hikes on millionaires

Point one. Boehner ought to know better, Obama is seeking to use this issue to cripple the GOP. 

Point two. This added revenue will do nothing to reign in the deficit, because it does nothing to reign in the real  problem SPENDING!

Point three. No matter what Boehner and the party do, the Democrats and media will still blame them for everything.

Point four. Once you abandon your principles the game is over.

WASHINGTON (AP) — Signaling new movement in “fiscal cliff” talks, House Speaker John Boehner has proposed raising the top rate for earners making more than $1 million, a person familiar with the negotiations said. President Barack Obama, who wants higher top rates for households earning more than $250,000, has not accepted the offer, this person said.

The proposal, however, indicated progress in talks that had appeared stalled. The person would only discuss the plan on the condition of anonymity because of the sensitivity of the negotiations.

As part of a broader budget deal, Boehner is still seeking more spending cuts than Obama has proposed, particularly in mandatory health care spending. Boehner has asked for a long-term increase in eligibility age for Medicare and for lower costs-of-living adjustments for Social Security.

Point five. Who wants to bet that those spending cuts never happen? Who wants to bet the Democrats are calling for more spending by next Summer?

 

*VIDEO* Steven Crowder Discusses ‘Fiscal Cliff’ With Would-Be Republicans Who Thought They Were Democrats



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*VIDEO* Marco Rubio’s Constituent Mailbox: Benghazi And The Fiscal Cliff



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