Our current economic situation is being felt both far and wide. High paid aides within the Obama administration were told yesterday that President Obama has agreed to institute a freeze on their salaries, according to the Associated Press. Those affected include White House chief of staff, national security adviser and press secretary.
In a statement issued by the White House, President Obama vowed to use this as a gesture of a "shared commitment to restoring the country's economic vitality and because of the serious economic conditions we are facing."-WW