
There hasn't been a budget in the Obama Administration for over three years and with America's debt at over $16 Trillion and climbing the President wants unlimited power to raise the debt ceiling without a Congressional Vote. The last raise has already reached the limit and now he is asking for a higher debt ceiling.
The Government borrows 40 cents of
every dollar spent and Americans have heard that we are about to go over the
fiscal cliff for months. With over 27 million Americans unemployed and 47
million on food stamps and the President at every turn telling Americans they
must tighten their belts by executive order he hands out pay raises to the Vice
President, Congress and Federal Employees.
The U.S. Government credit rating
has been downgraded and the U.S. government is losing its luster on the bond
market and as the fiscal cliff looms, President Obama issued an executive order
to give everyone raises.
Obama
has generously
bestowed a $6,379 per year raise on Gaffe prone VP Joe; he's given members
of the House a $900 increase; and he's doled out a .5 percent pay increase to
federal workers.
Jeryl Bier does
the math on the raises federal workers will get.
RATES OF BASIC PAY FOR THE EXECUTIVE
SCHEDULE 2012
Level I . . . . . . . . . . . . . . . . . . . . . . . . . . $199,700
Level II . . . . . . . . . . . . . . . . . . . . . . . . . . 179,700
Level III. . . . . . . . . . . . . . . . . . . . . . . . . . 165,300
Level IV . . . . . . . . . . . . . . . . . . . . . . . . . . 155,500
Level V . . . . . . . . . . . . . . . . . . . . . . . . . . . 145,700
Level I . . . . . . . . . . . . . . . . . . . . . . . . . . $199,700
Level II . . . . . . . . . . . . . . . . . . . . . . . . . . 179,700
Level III. . . . . . . . . . . . . . . . . . . . . . . . . . 165,300
Level IV . . . . . . . . . . . . . . . . . . . . . . . . . . 155,500
Level V . . . . . . . . . . . . . . . . . . . . . . . . . . . 145,700
Here are the rates in the
just-signed Executive Order:
RATES OF BASIC PAY FOR THE EXECUTIVE
SCHEDULE 2013
Level I . . . . . . . . . . . . . . . . . . . . . . . . . . $200,700
Level II . . . . . . . . . . . . . . . . . . . . . . . . . . 180,600
Level III. . . . . . . . . . . . . . . . . . . . . . . . . . 166,100
Level IV . . . . . . . . . . . . . . . . . . . . . . . . . .156,300
Level V . . . . . . . . . . . . . . . . . . . . . . . . . . .146,400
Level I . . . . . . . . . . . . . . . . . . . . . . . . . . $200,700
Level II . . . . . . . . . . . . . . . . . . . . . . . . . . 180,600
Level III. . . . . . . . . . . . . . . . . . . . . . . . . . 166,100
Level IV . . . . . . . . . . . . . . . . . . . . . . . . . .156,300
Level V . . . . . . . . . . . . . . . . . . . . . . . . . . .146,400
The pay raises will take effect on
March 27, 2013.
As the President and the House seek
to rearrange the deck chairs on this Titanic ship of state, Obama has decided
it is a good idea to throw more coal into the furnaces. It's full steam
ahead and damn the financial torpedoes.
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