Tag Archive for Federal Pay Freeze

President Obama: “Getting This Deficit Under Control is Going to Require Broad Sacrifice”

President Barack Obama, White House Photo: Chuck Kennedy

Today I’m proposing a two-year pay freeze for all civilian federal workers. This would save $2 billion over the rest of this fiscal year and $28 billion in cumulative savings over the next five years. And I want to be clear: This freeze does not apply to the men and women of our Armed Forces, who along with their families continue to bear enormous burdens with our nation at war.