Obama’s Voluntary 5% Pay Cut Joined by Lew, Kerry, Holder
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U.S. Secretary of State John Kerry, Treasury Secretary Jacob J. Lew and Attorney General Eric Holder today followed President Barack Obama’s decision to refuse a portion of his salary to show solidarity with furloughed government workers.
Obama will send a check to the Treasury for 5 percent of his $400,000 annual salary each month federal employees are forced to take unpaid leave because of across-the-board budget cuts under a process known as sequestration, a White House official said yesterday.