WASHINGTON (BestGrowthStock) – President Barack Obama will announce a freeze of federal employee pay as part of an effort to rein in the U.S. budget deficit, according to an administration official.
The announcement will take place at 11:35 a.m. EST (1635 GMT).
(Writing by Caren Bohan; Editing by Doina Chiacu)
Obama to announce US federal employee pay freeze