In the wake of the Democrats political setback in November and concerns over the high government deficits, President Barack Obama caught some by surprise yesterday when he proposed a two-year pay freeze for civilian federal workers.
“The hard truth is that getting this deficit under control is going to require some broad sacrifice, and that sacrifice must be shared by the employees of the federal government,” Obama told reporters. The freeze would require Congressional approval.
As might be expected, Republican lawmakers applauded the announcement, noting it was a move in the right direction of getting the deficit under control, while union leaders criticized the freeze, with AFL-CIO President Richard Trumka calling it “bad for the economy” and “bad for business.”
But however this ultimately plays out, there’s no denying the proposed freeze comes at an interesting time, as many government agencies continue to brace for an exodus of retiring baby boomers, who now have one more item to factor into their decision making.