Our Hero At Work

A White House press release inadvertently distributed to news organisations has stated that our fearless leader Barry Soetero alias Barack OBama has signed another of his numerous executive orders. This one gives himself a payraise of $500,000 a year, $50,000 expence account, $100,000 non taxable travel allowance (for mommy and the kiddies no doubt along with Valarie Jarrett), and last but not least a $19,000 entertainment allowance. Is'nt that just too great. Kind of like our senate and congress giving themselves a raise every year. I guess that's what happens when Chicago moves to D.C.Kick the bumb out.

I don't know where you are getting the information from, but the only sites I could find any sort of reference to this can be at best described as having an agenda. He did sign an order December 30th ending the Federal Pay Freeze, but that is all. ANY financial action MUST initiate in the House, no ifs, ands, or buts about that ...

Obama Orders Pay Raise for Biden, Members of Congress, Federal Workers
Daniel Halper
December 28, 2012 12:50 PM

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."

http://www.weeklystandard.com/print/blogs/obama-orders-raise-biden-members-congress-federal-workers_692223.html

I wonder what the real true cost of these pay raises are after you factor in the cost of borrowing approx. 70% of the money to fund these pay raises??

It's sooo sad, our POTUS and his tribe of self preservationist idiots can't even do simple math...... Don't even have the brains to figure out we're broke!!!

Four simple words that I learned as a kid-------"We Can't Afford It"!!!!! Why can't these azzholes just say these four words??

as much as i love obama i could not find anything sounds like more gure stuff

jayzze wrote:as much as i love obama i could not find anything sounds like more gure stuff

True dat!!