by | April 2, 2013 7:07 pm
Defense Secretary Chuck Hagel will give up part of his $200,000 salary this year to show solidarity with the 700,000 civilian employees of the Defense Department facing furlough days in the upcoming months.
The furlough days are a result of sequestration, which kicked in on March 1. It was recently announced that the expected number of furlough days Defense Department employees would take would be reduced from 22 to 14, a move the department hopes will lessen the financial impact on those employees.
Hagel will give back part of his salary to the U.S. Treasury Department, according to Pentagon Press Secretary George Little. Little also said, “We understand that we need to take great care with our civilian workforce.”
Right now, the department is in the process of deciding precisely how many employees, and which ones in particular, will be affected by the furlough.
— Benjamin Nanamaker, InvestorPolitics Editor
The opinions contained in this column are solely those of the writer.
Want to share your own views on money and politics? Drop us a line at email@example.com and we might reprint your views in our InvestorPolitics blog! Please include your name, city and state of residence. All letters submitted to this address will be considered for publication.
Source URL: http://investorplace.com/investorpolitics/defense-secretary-giving-up-part-of-salary-for-furloughs/
Short URL: http://investorplace.com/?p=328982
Copyright ©2017 InvestorPlace Media, LLC. All rights reserved. 700 Indian Springs Drive, Lancaster, PA 17601.