Yesterday President Obama proposed a two-year pay freeze for most of the 1.9 million federal employees. Since this proposal (which exempts military personnel, though some argue it shouldn’t ) comes with a jump in health insurance premiums and a drop in transit subsidies the freeze would, if approved by Congress, in effect represent a pay cut for many. All to save roughly $1 billion a year, when the deficit is expected to top $1 trillion . You can guess how well this is going over with those who would be taking the hit. ” That’s why Obama’s ratings are below [ex-President George W.] Bush’s ,” one Social Security employee in Manhattan told the Daily News ” and that’s hard to be unless you’re Osama Bin Laden .” The same woman also explained that though she’d voted for Obama, she wouldn’t again. Ouch.

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Obama’s Federal Pay Freeze Finds Cold Shoulders