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Keyword: paycut

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  • White House won't say if Obama kept promise to return 5% of his salary

    05/20/2014 10:42:24 AM PDT · by SkyPilot · 17 replies
    Daily Mirror ^ | 20 May 14 | Joseph Weber
    790 shares 100 View comments President Barack Obama pledged in the spring of 2013 to give back 5 per cent of his $400,000 salary in solidarity with federal government workers who were expected to lose an average of two weeks' pay because of automatic budget cuts – known in Washington parlance as a 'sequester.' A year later, however, it's not clear that he made good on his $20,000 promise. Mr. and Mrs. Obama's 2013 tax return, which the White House published last month, shows an adjusted gross income of $481,098. The couple claimed $147,769 in itemized deductions, but no line-item...
  • Congress won’t face pay cut in sequester

    03/10/2013 4:35:21 AM PDT · by SkyPilot · 26 replies
    Washington Post ^ | 6 Mar 13 | T.W. Farnam
    U.S. lawmakers won’t have their $174,000 salaries affected by across-the-board government spending cuts going into effect this month, but there’s little clarity about how the bank accounts of senators and representatives were spared in the so-called sequester. The spending cuts hit every budget account with a few exceptions that were written into the law that set up the federal budgeting process more than two decades ago, known as the Gramm-Rudman-Hollings Act. Compensation for the president is specifically exempted, but there’s no mention of pay for members of Congress. So how did lawmakers’ pay escape the axe? Turns out that’s a...
  • Pelosi: Congressional pay cut undermines dignity of the job

    02/14/2013 5:20:58 PM PST · by SkyPilot · 59 replies
    The Hill ^ | 14 Feb 13 | Mike Lillis
    House Minority Leader Nancy Pelosi (D-Calif.) said Thursday that she opposes a cut in congressional pay because it would diminish the dignity of lawmakers' jobs. "I don't think we should do it; I think we should respect the work we do," Pelosi told reporters in the Capitol. "I think it's necessary for us to have the dignity of the job that we have rewarded." The comments were made in the context of the looming sequester, which would force across-the-board cuts affecting most federal offices, including Congress. With lawmakers nowhere near a deal to avert those cuts, federal agencies are bracing...
  • Effort to undo state employee pay cuts off table

    10/08/2012 5:53:57 PM PDT · by redreno · 6 replies
    Las Vegas Sun ^ | Oct. 8, 2012 | 12:16 a.m. | AP
    CARSON CITY — Faced with rising costs, Gov. Brian Sandoval is backing off his promise to undo pay cuts imposed on state employees last year. Gerald Gardner, his chief of staff, said the governor has issued orders to agency heads to continue the reductions in the proposed 2014-15 budget. Gardner told the Nevada Appeal that Sandoval hasn't given up on efforts to undo the work furloughs, pay cuts, and suspension of merit and longevity pay imposed on state workers.
  • Japan Prime Minister to Face 30 Pct Pay Cut(20% for cabinet members)

    06/03/2011 6:36:49 AM PDT · by TigerLikesRooster · 3 replies
    Jiji Press ^ | 06/03/11
    Japan Prime Minister to Face 30 Pct Pay Cut Tokyo, June 3 (Jiji Press)--The Japanese government said Friday it will cut the prime minister's monthly pay by 30 pct as part of proposed cuts in the salaries of national public servants. The government will also cut salaries by 20 pct for other cabinet ministers and senior vice ministers and 10 pct for parliamentary secretaries, Chief Cabinet Secretary Yukio Edano said at a press conference. The pay cuts will take effect once a bill on reducing salaries for national public servants is enacted. The cuts will be in place until the...
  • Japan: TEPCO seeks 20% cut in employees' annual salaries

    04/20/2011 9:46:54 PM PDT · by TigerLikesRooster · 8 replies · 1+ views
    Kyodo News ^ | 04/21/11
    TEPCO seeks 20% cut in employees' annual salaries TOKYO, April 21, Kyodo Tokyo Electric Power Co. is considering cutting annual salaries of its employees by around 20 percent as part of its restructuring effort to make compensation payments over the emergency at the Fukushima Daiichi nuclear power complex, company sources said Thursday.
  • The Union, Not Day Care Providers, Is Getting the ‘Pay Cut’

    03/09/2011 1:14:47 PM PST · by MichCapCon · 6 replies
    Michigan Capitol Confidential ^ | 3/8/2011 | Michael Jahr
    UAW President Bob King has a unique perspective on day care worker “pay cuts.” During a press conference yesterday, King denounced Gov. Rick Snyder’s administration for ending the Department of Human Service’s practice of taking “dues” out of government subsidy payments that low-income families use to pay home-based day care providers. According to the Detroit Free Press, King described the governor’s action as part of an agenda “to destroy the middle class.” The truth is, many home-based day care providers around the state are rejoicing that their pay is no longer being reduced for public-sector “union dues” — especially since...
  • To create jobs, cut everyone's pay 10% (A whimsical idea to share the necessary sacrifice)

    08/17/2010 1:15:18 AM PDT · by SeekAndFind · 30 replies
    Marketwatch ^ | 08/17/2010 | Ken Mayland
    The summer vacation season is drawing to a close, and soon, people will get back to serious, hard work in the push to finish out the year successfully. But August can be a time to be whimsical. In that vein, let me put forth the ClearView Economics plan to get the nation quickly back to full employment. The current unemployment rate is 9.5%. That amounts to 14.6 million persons who want to work that cannot find jobs. But there is also serious underemployment. I don't accept the U-6 unemployment calculation as being fully representative of all the truly unemployed, but...
  • Old technology stymies Calif. gov's pay-cut order [state's computers "can't restate paychecks"]

    07/04/2010 3:07:11 PM PDT · by KentTrappedInLiberalSeattle · 27 replies · 1+ views
    MSNBC ^ | 07/03/10 | Cathy Bussewitz
    SACRAMENTO, Calif. — As the Terminator, Arnold Schwarzenegger was the technology of the future, feared by humans. As governor, he's being foiled by the technology of the past. For the second time in two years, Schwarzenegger has ordered most state workers' pay cut to the federal minimum wage because lawmakers missed their deadline to fix the state's $19 billion budget deficit. The Legislature's failure to act has left the state without a spending plan as the new fiscal year begins. A state appellate court ruled in Schwarzenegger's favor Friday, but the state controller, who issues state paychecks, says he can't...
  • L.A. budget crisis threatens jobs, credit rating(union refuses 5% pay cut)

    02/15/2010 9:33:32 AM PST · by TigerLikesRooster · 37 replies · 939+ views
    Reuters ^ | 02/14/10 | Steve Gorman
    L.A. budget crisis threatens jobs, credit rating Steve Gorman LOS ANGELES Sun Feb 14, 2010 3:16pm EST Downtown Los Angeles is seen from behind a row of trees in East Los Angeles January 18, 2008. REUTERS/Lucy Nicholson Downtown Los Angeles is seen from behind a row of trees in East Los Angeles January 18, 2008. Credit: Reuters/Lucy Nicholson LOS ANGELES (Reuters) - Los Angeles, the second-largest city in the United States, is confronting a mounting budget deficit that threatens to force thousands of job cuts, deplete its fiscal reserve and further damage its credit rating. /snip LAYOFFS OR PAY CUTS?...
  • Who cares if Wall Street 'talent' leaves? (These so-called talents were very bad to begin with)

    10/23/2009 4:15:23 PM PDT · by SeekAndFind · 24 replies · 786+ views
    Fortune ^ | 10/24/2009 | Colin Barr
    NEW YORK (Fortune) -- There's no need to fear a Wall Street brain drain -- despite the crackdown on pay by Washington. On Thursday, White House pay czar Kenneth Feinberg outlined compensation restrictions at seven firms that got special bailouts, and the Federal Reserve proposed to review pay practices at 28 unnamed giant banks. Critics warn that reining in pay makes it hard to keep talented employees. Hemmed in, institutions like AIG (AIG, Fortune 500),Bank of America (BAC, Fortune 500) and Citigroup (C, Fortune 500) could lose their best people. These firms would then perform even more abysmally, if that's...
  • Pay Czar to GM … Pay cut – Video

    10/21/2009 6:22:46 PM PDT · by Biggirl · 11 replies · 668+ views
    http://www.radioviceonline.com ^ | October 21, 2009 | Jim Vicevich
    Well GM and Chrysler begged to be bailed out...... I really don’t like this guy. I didn’t like him when he was appointed and I like him less now. But … GM and Chrysler begged for the money, they got it, and now … well … The Obama administration will soon order the nation’s biggest bailed-out companies to drastically cut pay packages for their top executives, according to several reports published Wednesday.
  • Still on the Job, but Making Only Half as Much

    10/13/2009 8:26:51 PM PDT · by Arguendo · 29 replies · 1,478+ views
    The New York Times ^ | October 13, 2009 | LOUIS UCHITELLE
    MECHANICSVILLE, Va. — The dark blue captain’s hat, with its golden oak-leaf clusters, sits atop a bookcase in Bryan Lawlor’s home, out of reach of the children. The uniform their father wears still displays the four stripes of a commercial airline captain, but the hat stays home. The rules forbid that extra display of authority, now that Mr. Lawlor has been downgraded to first officer. He is now in the co-pilot’s seat in the 50-seat commuter jets he flies, not for any failure in skill. He wears his captain’s stripes, he explains, to make that point. But with air travel...
  • Lawmakers Reject State Worker Pay Cut

    06/16/2009 6:51:24 PM PDT · by Steelfish · 9 replies · 965+ views
    Sacramento Bee ^ | June 16, 2009
    Tuesday, June 16, 2009 Lawmakers Reject State Worker Pay Cut By Jim Sanders A new across-the-board pay cut for state workers was rejected Tuesday by the Legislature's joint budget conference committee. The 5 percent salary reduction had been proposed by Gov. Arnold Schwarzenegger to save $470 million and preserve cash in the coming fiscal year's general fund budget. The legislative committee rejected the pay cut by a party-line vote, 6-4, with no Republican support. The measure was one of dozens under consideration to bridge a projected $24 billion budget shortfall. Even with the committee's action, the pay cut and other...
  • Crisis 18% salary slash for California officials isn't 100% what it seems

    05/21/2009 6:02:14 AM PDT · by Zakeet · 15 replies · 1,279+ views
    Los Angeles Times ^ | May 21, 2009 | Andrew Malcomb
    Boy oh boy, did California voters show bickering state officials a thing or two with their slam-dunk downing of five out of six financial propositions in Tuesday's voting. As The Ticket reported then, they didn't just say No; they said No way! In rapid response, first thing Wednesday something called the California Citizens Compensation Commission announced on a 5-1 vote that it had slashed the salaries of the governor, attorney general, controller, all legislators and other top elected state officials by 18%. That's nearly 20%! Whacked. Because in a democracy top elected officials should share the hard times and pay...
  • California elected officials' pay to be cut 18%

    05/20/2009 1:27:21 PM PDT · by freespirited · 109 replies · 1,770+ views
    LA Times ^ | 05/20/09 | Patrick McGreevy and Ann Simmons
    A state panel this morning slashed the salaries of elected state officials by 18% -- a day after voters rejected a plan by the governor and Legislature to address the budget crisis. Citing pay cuts and layoffs being imposed on rank-and-file state workers, the California Citizens Compensation Commission approved the reduction for the governor, legislators and other state officials elected next year. "I think they should share in the sacrifices that everyone else has had to encounter," said Commissioner Kathy Sands, a former Auburn mayor, after the panel's 5-1 vote at a meeting in Burbank. The commission had wanted to...
  • Governor jumps in on pay cut

    04/30/2009 10:28:40 AM PDT · by SmithL · 9 replies · 399+ views
    Sacramento Bee ^ | 4/30/9 | Peter Hecht
    An independent commission that sets salaries for state officers is about to impose a 10 percent pay cut for members of the Legislature and statewide elected officials from the governor on down. The pay cuts appeared all but certain Wednesday after a harried series of events that began when the California Citizens Compensation Commission fell one vote shy of ordering the salary reductions starting late next year. Gov. Arnold Schwarzenegger promptly declared support for the pay cuts – and immediately appointed three additional commission members to help pass them. Members of the compensation commission voted 3-1 in favor of the...
  • In Ireland, "the game is up" (7% pay cut across the board for gov workers)

    02/05/2009 10:43:18 PM PST · by TigerLikesRooster · 11 replies · 805+ views
    Global Post ^ | 02/04/09 | Conor O'Clery
    In Ireland, "the game is up" Unrest brews as the government implements crisis measures to save the economy. By Conor O'Clery - GlobalPost Published: February 4, 2009 08:14 ET Updated: February 4, 2009 13:41 ET DUBLIN — At 2 a.m., with time for compromise running out, the Irish prime minister finally presented his emergency plan for the floundering economy to the country’s trade union leaders. He proposed an average 7 percent reduction in gross pay for bureaucrats, teachers, police, firefighters, road cleaners and everyone else on the public payroll, in the form of a levy to finance their pensions. He...
  • S'pore ministers' pay may be cut 20 pct this year-media (Right Move)

    01/20/2009 4:29:37 AM PST · by TigerLikesRooster · 3 replies · 310+ views
    Reuters ^ | 01/20/09
    S'pore ministers' pay may be cut 20 pct this year-media Reuters - Tuesday, January 20 SINGAPORE, Jan 20 - The annual salaries of Singapore's ministers and senior civil servants are expected to fall by 12 to 20 percent this year in line with the shrinking economy, local media reported on Tuesday. Defence Minister Teo Chee Hean, who is also minister in charge of the civil service, told Parliament on Monday that senior permanent secretaries and entry-grade ministers will likely receive S$1.54 million , which is a drop of 20 percent from last year. Younger officers in the elite Administrative Service...
  • UAW, American Axle reach deal that could end strike

    05/17/2008 7:04:24 PM PDT · by BenLurkin · 2 replies · 22+ views
    AP ^ | Saturday May 17, 4:56 pm ET | Tom Krisher, AP Auto Writer
    DETROIT (AP) -- American Axle and Manufacturing Holdings Inc. boosted its wage offer and increased the payments it will give workers to take a wage cut as part of a tentative agreement that could settle an 11-week strike by the United Auto Workers union, a person briefed on the deal said Saturday. American Axle had been offering a pay cut from $28 to $17 per hour for production workers, with a $90,000 wage "buy down" over three years to help workers make the transition to lower pay. The person, who asked not to be identified because the deal has not...
  • CA: Pay cut spared departing Lewis aide from 'cooling off' time

    07/28/2006 9:07:56 AM PDT · by NormsRevenge · 5 replies · 351+ views
    Riverside Press-Enterprise ^ | 7/28/06 | Claire Vitucci and Duane W. Gang
    The pay of a former staffer of Inland Rep. Jerry Lewis was cut less than a year before she took a job with a Washington lobbying firm, enabling her to avoid a rule prohibiting high-ranking congressional staff members from lobbying their old bosses or committees for one year, House records show. Letitia White worked as an assistant to Lewis, R-Redlands, on the House Appropriations Committee before leaving to take a job as lobbyist in 2003 with the firm then known as Copeland, Lowery, Jacquez, Denton & Shockey. Congressional staff members who earn 75 percent of a House member's salary are...
  • Stars Accept Pay Cuts as Hollywood Profits Dip

    01/22/2006 7:45:36 AM PST · by television is just wrong · 56 replies · 1,657+ views
    www.timesonline.co.uk ^ | 1/22/2006 | John Harlow
    THE Da Vinci Code is one of the most eagerly anticipated films of the year but its significance to Hollywood may go deeper than mere box office success: Tom Hanks has delighted his studio bosses by accepting a pay cut for his role as the book’s art sleuth hero.
  • CA: Guards may OK pay cut to help with budget crisis

    01/23/2004 9:21:25 AM PST · by NormsRevenge · 4 replies · 256+ views
    OC Register ^ | 1/23/04 | Jim Hinch
    <p>SACRAMENTO – The state's powerful prison guards' union, considered nearly untouchable by some lawmakers, has agreed to discuss possible salary reductions with Gov. Arnold Schwarzenegger, potentially saving the state millions at a time of fiscal crisis.</p> <p>The union, granted a roughly $420 million, five-year contract in 2001 by former Gov. Gray Davis, agreed to the talks Wednesday during a meeting between union President Mike Jimenez and Schwarzenegger's chief of staff, Pat Clarey. A union representative said the talks could start as early as next week.</p>
  • White House Wins Fight on OT Rule Changes (The End of "Overtime Pay")

    11/21/2003 9:25:33 PM PST · by CMClay · 29 replies · 197+ views
    news.yahoo.com/ ^ | 11/21/2003 | ALAN FRAM, Associated Press Writer
    White House Wins Fight on OT Rule Changes WASHINGTON - Foes of the Bush administration's proposed rules changing which workers would qualify for overtime pay abandoned their fight Friday in the face of unrelenting pressure from the White House and the House. Sen. Arlen Specter of Pennsylvania, the chief Republican opponent of the new rules, agreed to drop a provision killing the regulations from a massive spending bill, lawmakers, congressional aides and lobbyists said. Critics of the new rules said they could lead to 8 million Americans losing eligibility for overtime pay, largely white-collar workers earning more than $65,000 a...
  • Hazardous duty pay cuts in Iraq???

    11/12/2003 6:54:39 AM PST · by Hammerhead · 10 replies · 297+ views
    Haz duty pay cuts in Iraq as reported by the San Fran Chronical. Opinions please in response to some of my kooked out liberal friends who are now all of a sudden so feigning concern for the safety and well being of our boys in Iraq.
  • Pay Cuts Possible For Guard Members In Mideast

    09/16/2003 4:23:21 PM PDT · by Brian S · 23 replies · 186+ views
    The Associated Press For spouses of Missouri National Guard soldiers called to active duty in the war on terrorism, loss of companionship is bad enough. Then there's the loss of income many face because the military doesn't pay as much as the soldiers made in their regular jobs back home. There's uncertainty about how long the soldiers will be gone, and constant fear that a husband or wife will be harmed in the line of duty. And now, unless Congress renews stipend increases approved in April for soldiers sent away from their families and into a war zone, many are...
  • DEMS' DESPERATE DECEPTION : (on Military Pay added by poster)

    08/16/2003 4:20:10 PM PDT · by W04Man · 2 replies · 231+ views
    RNCResearch ^ | 0816/03 | RNCResearch
    DEMS' DESPERATE DECEPTION Apples & Oranges: Democrats Wrongly Confuse Military Salary With Imminent Danger Pay · Wrong On Both Counts _____________________________________________________________________ APPLES: IMMINENT DANGER COMPENSATION WILL NOT BE REDUCED Undersecretary Of Defense For Personnel And Readiness David Chu Confirms Compensation Will Not Be Reduced.  "I'd just like very quickly to put to rest what I understand has been a burgeoning rumor that somehow we are going to reduce compensation for those serving in Iraq and Afghanistan.  That is not true. We are not going to reduce their compensation. · What I'm saying on the record for Iraq and Afghanistan, absolutely yes,...
  • Empire on the cheap: Pentagon's sneak attack on soldiers' combat pay

    08/16/2003 4:59:26 AM PDT · by Archangelsk · 17 replies · 393+ views
    Empire on the cheap Pentagon's sneak attack on soldiers' combat pay News-Journal editorial Last update: 15 August 2003 Speaking to cadets at the Citadel in South Carolina on Sept. 23, 1999, Candidate George Bush sounded outraged. "Thousands of members of the armed forces are on food stamps," he said. "Many others in uniform get Army Emergency Relief or depend on their parents. This is not the way that a great nation should reward courage and idealism. It is ungrateful, it is unwise, and it is unacceptable." Bush liked that last line so much that he repeated it, word for word,...
  • No pay cut for troops in Iraq, Afghanistan-Pentagon

    08/15/2003 7:14:24 AM PDT · by kattracks · 7 replies · 242+ views
    Reuters | 8/14/03 | Charles Aldinger
    WASHINGTON, Aug 14 (Reuters) - Moving to quash a political firestorm, the Pentagon on Thursday denied that it will cut the pay of nearly 160,000 U.S. troops in Iraq and Afghanistan by $225 on Sept. 30 when special military pay hikes approved by Congress are due to expire. Defense officials said that even if lawmakers do not reinstate increases passed in April in both "imminent danger pay" and "family separation allowances," the Pentagon will make up the pay losses to troops in those countries in other ways. Undersecretary of Defense David Chu answered sharp criticism from Democratic presidential candidates over...
  • Pentagon Dispels Military Compensation Rumors (Update!)

    08/15/2003 7:16:57 AM PDT · by bedolido · 16 replies · 239+ views
    Talon News ^ | 08/15/03 | Bobby Eberle
    WASHINGTON (Talon News) -- Pentagon officials met Thursday with reporters to "put to rest" a "burgeoning rumor" that the defense department is planning to reduce compensation for those serving in Iraq and Afghanistan. "That is not true. We are not going to reduce their compensation," said David Chu, under secretary of defense for personnel and readiness. "There is an open issue about how we're going to do that which depends on exactly how the conference report in the Congress comes out on some technical allowance issues, but the bottom line is we will at least maintain the compensation of those...
  • DoD Statement on Family Separation Allowance and Imminent Danger Pay [press is lying!]

    08/14/2003 8:25:36 PM PDT · by Ragtime Cowgirl · 45 replies · 1,265+ views
    DoD ^ | August 14, 2003
      United States Department of DefenseNews ReleaseOn the web: http://www.defenselink.mil/releases/2003/nr20030814-0368.htmlMedia contact: media@defenselink.mil or +1 (703) 697-5131 Public contact: http://www.dod.mil/faq/comment.html or +1 (703) 428-0711   No. 600-03 IMMEDIATE RELEASE August 14, 2003 DoD Statement on Family Separation Allowance and Imminent Danger Pay In April, after the President's Budget was submitted, Congress authorized an increase in both the Family Separation Allowance (on a worldwide basis) and Imminent Danger Pay and legislated that these increases would expire on Sept. 30, 2003.  The department is aware of the problem that would result for those serving in Iraq and Afghanistan if these allowances were...
  • No Pay Cut for Troops in Iraq, Afghanistan-Pentagon

    08/14/2003 8:32:27 PM PDT · by TexKat · 16 replies · 383+ views
    Yahoo News ^ | 8/14/03 | Charles Aldinger
    WASHINGTON (Reuters) - Moving to quash a political firestorm, the Pentagon on Thursday denied that it will cut the pay of nearly 160,000 U.S. troops in Iraq and Afghanistan by $225 on Sept. 30 when special military pay hikes approved by Congress are due to expire. Defense officials said that even if lawmakers do not reinstate increases passed in April in both "imminent danger pay" and "family separation allowances," the Pentagon will make up the pay losses to troops in those countries in other ways. Undersecretary of Defense David Chu answered sharp criticism from Democratic presidential candidates over a press...
  • Troops in Iraq face pay cut Pentagon says tough duty bonuses are budget-buster

    08/14/2003 11:19:05 AM PDT · by newyorkronin · 56 replies · 244+ views
    <p>Washington -- The Pentagon wants to cut the pay of its 148,000 U.S. troops in Iraq, who are already contending with guerrilla-style attacks, homesickness and 120- degree-plus heat.</p> <p>Unless Congress and President Bush take quick action when Congress returns after Labor Day, the uniformed Americans in Iraq and the 9,000 in Afghanistan will lose a pay increase approved last April of $75 a month in "imminent danger pay" and $150 a month in "family separation allowances."</p>
  • CA: Davis team faces 5% pay cut

    01/23/2003 10:24:36 AM PST · by NormsRevenge · 9 replies · 153+ views
    Sac Bee ^ | 1/23/03 | Margaret Talev
    <p>The governor's appointees will thus be in the same boat as state workers.</p> <p>Gov. Gray Davis' appointees can expect their pay to shrink by at least 5 percent as a gesture to thousands of state workers who will be asked to shoulder similar cuts, aides said Wednesday.</p>
  • Denham (CA freshman senator) takes a pay cut

    12/18/2002 12:11:55 PM PST · by hoosierskypilot · 6 replies · 141+ views
    Modesto Bee ^ | 12/18/02 | Jim Miller
    <p>Calling it "the right thing to do" in light of the state's budget problems, freshman Sen. Jeff Denham has asked the state to reduce his $99,000-a-year salary by 5 percent.</p> <p>The Salinas Republican was sworn in earlier this month to represent the 12th Senate District, which includes Merced County and part of Stanislaus County. He would be the only legislator to cut his salary, a state controller's office spokeswoman said.</p>