Wednesday, January 21, 2009

Obama freezing pay of top staff; signs ethics rules

President Obama just announced that the pay of top White House employees is being frozen. The Associated Press says it will affect those in positions paying more than $100,000 a year.

"All of you are committed to building a more responsible government," Obama told top staff at a meeting now underway at the White House.

"Families are tightening their belts and so should Washington," Obama added.

The president also announced he's about to sign new ethics rules designed to restrict lobbying by current staff after they leave the administration.

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