As the nation nears the fiscal cliff, President Barack Obama has ended the pay freeze on federal employees — giving workers, ranging from Vice President Joe Biden to members of Congress and the Supreme Court, a raise.
Obama signed the executive order on Thursday, The Weekly Standard reports. The increases take effect in late March. “The pay raise will generally be about 1/2 of 1 percent," the order says.
Citing recessionary factors and budgetary concerns, Obama instituted the pay freeze in 2010.
Under the new guidelines, for instance, Biden’s salary will jump from $225,521 last year to $231,900 next year.
Urgent: Will Raising Taxes Help or Hurt America?
Members of Congress, from the House and Senate, also will receive a slight raise — from $174,000 to 174,900.
And the majority and minority leaders in both chambers will see their salaries rise to $194.400.[...]