President Obama will announce a 2 year freeze on federal employee pay to affect all civilian employees.
As the federal budget deficit soars to new heights, political pressure is building during this election year to cut back on spending. Where will the cuts be made–if they are made at all? A new proposal would freeze federal employees salaries in 2011.
The Senate has passed a deficit reduction package that does not include a pay freeze for federal employees for 2006.
A “Fiscal Watch Team” has been formed in the Senate to cut back on government spending. One target: The 2006 pay raise for federal employees.