Federal Pay

| Thu Feb. 26, 2009 2:58 PM EST
Federal employees are sharing the pain in Obama's FY2010 budget:

Civilian employees of the federal government will be limited to a 2 percent pay increase in 2010 under the proposed budget released this morning by the Obama administration.

...."It's a modest increase, but it certainly is prudent," said Jacque Simon, public policy director for the American Federation of Government Employees...."While it's certainly a modest pay increase, federal employees recognize the severity of the economic situation, and we're viewing it from that context."

Over the past 12 months the Consumer Price Index has gone up 0.4%, so a 2 percent raise isn't exactly iron-fisted.  No wonder the union guy is taking this so serenely.

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