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Citing deficit, Obama to freeze federal worker pay

Citing deficit, Obama to freeze federal worker pay

President Barack Obama will announce a two-year pay freeze for federal employees Monday, a move White House officials say is the first of many difficult decisions that must be made to reduce the nation's mounting deficit.

 

'Locality pay' for federal workers won't increase

Federal employees whose regional costs of living entitles them to higher compensation will see no increase in their "locality pay" percentages next year, President Barack Obama informed Congress on Monday.

 

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