From the Cato Institute:
A modest victory for spending restraint has been the ongoing freeze in federal worker salaries. Since its enactment in 2010, the “freeze” has not fully stopped federal pay increases, but it has slowed the growth to save taxpayers about $90 billion.
The original idea for the pay freeze was an August 2006 op-ed in the Washington Post by Cato scholar Chris Edwards. Edwards highlighted overlooked data that revealed rapid increases in federal wages and benefits under President George W. Bush. The op-ed was followed two days later by a Wall Street Journal editorial based on Edwards’s work, which called the government “Club Fed” for its overly generous pay.
Read more here.
Latest posts by Richard C. Young (see all)
- Donald Trump, Champion of Jobs Creation in America - August 17, 2018
- RIP Aretha Franklin - August 17, 2018
- College Bound Freak Out on N.E. Campuses - August 16, 2018