U.S. President proposed federal employees do not p

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Xinhua November 30 29th U.S. President Barack Obama said that given the high public debt the United States, the proposed federal government employees in 2011 and 2012 to maintain the current wage level,[link widoczny dla zalogowanych], no longer enjoy a pay rise treatment.
Obama held a news conference in Washington, said the proposed fiscal year 2011,[link widoczny dla zalogowanych], saving 20 billion in spending over the next five years to save 28 billion U.S. dollars in expenses. The wage \
Obama's proposal needs to be approved by the U.S. Congress.
Obama said: \. \an initiative. \years has declined, but the proportion of GDP is still as high as 8.9%, the fiscal deficit problem remains severe, long-term development of the U.S. economy has become a major worry.
budget deficit under control the U.S. Congress Committee on 10 May issued a draft report that the United States must reform health care and social security and other public welfare policy,[link widoczny dla zalogowanych], tax reform to reduce the huge budget deficit. Obama set in February this year by the 18-member Democratic and Republican Congressional Budget Control Committee to study the control of expenditure and taxation options. The Committee is scheduled to be submitted to Congress this year, early in December the official report on reducing the fiscal deficit.
(This article Source: Xinhua on: Jiang Xufeng Liu Lina)
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