The White House is refusing to confirm whether President Barack Obama followed up on his pledge to take a 5 percent pay cut due to sequestration last year.
Obama promised last April to take a 5 percent pay cut in “solidarity” with federal employees who were furloughed as a result of the automatic budget cuts, known as the sequester. The cut was meant to equate to the level of spending cuts imposed on nondefense federal agencies.
“The president has decided that to share in the sacrifice being made by public servants across the federal government that are affected by the sequester, he will contribute a portion of his salary back to the Treasury,” a White House official said at the time.
According to his tax returns, Obama is still receiving the presidential salary of $400,000 per year. Last year, he earned $394,796 in wages from the Defense Financing and Accounting Service (DFAS-CIVPAY), which handles the salaries for civilian members of the Defense Department.
Obama’s income was commensurate to his salaries in recent years. He took in $395,188 in 2010, $394,821 in 2011, and $394,840 in 2012. The salary is also comparable to what former President George W. Bush received in 2007, when he earned $397,839.
By Elizabeth Harrington