ISSA: The President’s Across-The-Board Pay Hike Flies in the Face of Debt Reduction
“What actually is being asked to be given up by the typical federal worker – the one the President is calling a huge sacrifice – is $274 per employee per year,” Issa said on the floor.
When time and time again, President Obama has called for a “shared sacrifice” to tackle our ballooning national debt, it’s the height of hypocrisy to issue an across-the-board pay hike for federal employees that would take on another $11 billion to the taxpayers’ tab.
It should be noted that the President’s own Simpson-Bowles Commission advised the contrary, concluding: “In a time of budget shortfalls, all level of government must trim back. In recent recessions, millions of private sector and state and municipal emmployees had their wages frozen or cut back…in Contrast, federal workers’ wages increase annually due to automatic formulas.”
“In fact, during the so-called ‘pay freeze’ federal employee pay has gone up by $3,328 while private sector pay has gone up only $1,404. The federal employee attrition rate is the same now as it was before the so-called ‘pay freeze,’” Issa said in a statement.
Today, the House of Representatives passed H.R. 273 by a vote of 261-154.