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December 29, 2012

We're Broke, But Obama Raises Pay For Congress, Biden, Federal Employees

obamaincreasessalaries.jpg

Because it isn't like the fiscal cliff and the debt limit will keep Barry from spending money the government doesn't have.

President Barack Obama gave a gift to returning members of Congress, federal workers and Vice President Joe Biden on Thursday, signing an executive order calling for an end to a years-long pay freeze.

As of March 27, 2013, federal employees will see a half-percent to one percent pay increase, marking the end of a pay freeze that has been in place since late 2010. Congress hasn't seen a pay raise since 2009.

According to the order, Biden's pay will increase from $225,521 to $231,900 a year, before taxes. House Speaker John Boehner (R-Ohio) will see his salary increased to $224,500 and Senate Majority Leader Harry Reid (D-Nev.) will take home an annual pay of $194,400 after his raise.

Of course, the American people will see less money in their paychecks after the first of the year -- even if there is a solution to the fiscal cliff and the debt limit -- because of ObamaCare taxes. The impending end of the Bush tax cuts for all Americans on January 1 will further increase our taxes. And since the government runs out of borrowing authority with the new year as well, there will be no way for the government to pay its bills anyway.

Guess we'll have to do without while the inside-the-beltway elite do with a little more.

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