Why Is Obama Taking a Voluntary 5% Pay Cut Now?

Why Is Obama Taking a Voluntary 5% Pay Cut Now? Play

April 4 (Bloomberg) -- President Barack Obama’s decision to return 5 percent of his salary to the U.S. Treasury to show solidarity with furloughed government workers may step up pressure on top federal officials and lawmakers to follow suit. Julianna Goldman reports on Bloomberg Television's "In The Loop. (Source: Bloomberg)

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