Posts Tagged ‘Honest Budget Act’
October 21st, 2011 at 10:21 am
Senators Sessions, Snowe Echo CFIF on Overspending and Federal Employee Pay
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In our commentary this week entitled “While Federal Spending Hit New Record in 2011, Washington, D.C. Became America’s Wealthiest City”, we highlight the interrelation between federal spending reaching a new record high in 2011 and the Washington, D.C. metropolitan area becoming the nation’s wealthiest.   Among other facts, we pointed out that wages of federal employees themselves are over 1/5 higher than comparable private-sector employees, and that federal benefits stand 20%-40% higher than those of private counterparts.

Today, Senators Jeff Sessions and Olympia Snowe sustain our point in their commentary within The Wall Street Journal entitled “An End to Budgetary Trickery.”  Advocating the Honest Budget Act they’ve introduced to end “the most blatant and dishonest” overspending gimmicks, they highlight “Fake Federal Pay Freezes”:

In November 2010, the president promised to institute a ‘two-year pay freeze for all civilian federal workers.’  He explained that ‘getting this deficit under control is going to require broad sacrifice.’  But 70% of civilian federal workers have continued to receive 2%-3% automatic ‘step’ increases just for showing up – costing taxpayers an extra billion dollars every year.  The Honest Budget Act, in keeping with the president’s pledge, would simply make the federal pay freeze real by legislative mandate.”

Senators Sessions and Snowe also seek to end false “emergency” spending, phony “rescissions” and timing shifts in their legislation.  As they summarize, “No more gimmicks, tricks or shell games.”  We agree, and urge you to take a quick moment to contact your two Senators in support of the Honest Budget Act.   Let’s get this done.