Obama Returns 5% of Salary

Dave and the panel discuss Obama’s decision to return 5% of his salary. ??Subscribe to Rubin Report for more: href=”http://www.youtube.com/subscription_center?add_user=RubinReport” target=”_blank” rel=”nofollow”>http://www.youtube.com/subscription_center?add_user=RubinReport

The move is a symbolic gesture to federal workers facing possible furloughs—and reduced pay—because of the sequester. The president makes $400,000 a year, so a pay cut of 5% for the whole year amounts to $20,000.

Was it necessary for President Obama to give back part of his salary? Was this a calculated PR move, and if so, was 5% enough?

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