Tuesday, November 30, 2010

Obama calls for federal wage freeze- Raymond

Name: Raymond Liou
TOpic Politics
Title Obama Calls for federal wage Freeze
Writer Charles Riley
Date of Publish: Nov 29, 2010
Length: 671
CNN news

On Monday Obama called for a two year freeze on federal wages. The freeze is estimated over 10 years and will save over 60 billion dollars. The budget experts said that over $6 trillion is needed to stabilize the debt. It is the first of many actions we must take in the incoming budget to pull our nation on sound fiscal footing--which will ask from some sacrifice from us all." stated by the White House. This is not the first time Obama has froze salaries of government employees.

This will help decrease the debt that is huge in America. This will also show that Obama is doing something for the country cause there has been alot of criticism that Obama hasnt done much since he has become president and hasnt kept his word on stuff he would change. I think he knows the urgency were in and is bringing up some changes that will decrease this debt crisis.

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