Donald Trump Cancels Pay Raise for Most Federal Workers | Fortune

President Donald Trump said he’s canceling pay raises for most federal workers that were to take effect in January, citing “serious economic conditions” and the strain that the raises would place on the federal budget.

The move would undo a planned raise for most federal workers, including a 2.1% across-the-board increase as well as raises that account for higher costs of living in cities like San Francisco, New York, and Washington, D.C. The pay raises were intended to help federal salaries keep pace with inflation. Consumer prices have risen 2.9% in the 12 months through June.

In a letter informing Congress of the canceled raises, Trump said the raises would cost $25 billion. 

…In April, the Federal Salary Council reported that the overall salaries of federal workers lags the salaries of similar workers in the private sector by about 32%.

Donald Trump Cancels Pay Raise for Most Federal Workers | Fortune

This bit of news slid by….

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s