Biden to Take Paycut Only if Employees Are Hit by Sequester

Exclusive: Vice President Joe Biden will take a paycut if members of his staff are affected by budget cuts stemming from sequestration.

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REUTERS/Jonathan Ernst

U.S. Vice President Joe Biden in his office in Washington, January 11, 2013.

Vice President Joe Biden will take a paycut if members of his staff are affected by budget cuts stemming from sequestration, his office confirmed Friday afternoon.

“The Vice President is committed to sharing the burden of the sequester with his staff,” a spokesperson said.

Biden’s move mirrors that of Attorney General Eric Holder who has committed to forego the maximum amount lost Department of Justice employees. President Barack Obama and Secretary of Defense Chuck Hagel are giving up pay without precondition.

Many federal offices are trying to achieve the required mandatory spending cuts without impacting employee pay — a move that if true for Biden’s office could have him avoiding giving up any salary.

Biden isn’t nearly as wealthy as President Obama, who has made millions from his books. Biden’s estimated net worth is between $39,000 and $800,000 according to a Center for Responsive Politics analysis.

18 comments
CraigTurnberry
CraigTurnberry

Vice President Biden would like nothing more than to reduce his pay in sympathy with the American public. However, due to Obamacare, Dr Jill's pay will decrease significantly due to Medicare restrictions, thus making his gesture simply unattainable.

docthorn
docthorn

No way his net worth is $39K. Senator's salaries are at least $100K per year. If he is only worth $39K then he is stupid as hell with his money. 

gary
gary

The same Joe Biden who gave $325.00  to charity ? Ha,ha,ha,ha,ha,ha,ha,ha,........................................

bobcn
bobcn

Middle-class career politicians like Biden are the reason I always oppose schemes to dock legislator's pay if they don't accomplish certain tasks.  For example, we frequently hear that we should suspend legislator's pay until they produce a budget, or balance the budget, etc.

Frequently,  the reason budgets are late  (for example) is that there are two sides that can't reach a legislative result.  It you penalize all legislators by withholding their pay, the only legislators you will actually hurt are the middle-class people like Biden.  The pain isn't shared equally as the wealthy pols are only mildly inconvenienced.  The end result is that the wealthy can use withheld pay as a club to get their way.  It forces middle-class pols to choose between their principles and the basic welfare of their own families.

Writerscramp
Writerscramp

Maintaining those hair plugs can be expensive !!!!

Paul,nnto
Paul,nnto

"Biden’s estimated net worth is between $39,000 and $800,000"


If it is closer to the former than the latter it explains his appeal to the "everyman". That's almost Harry S Truman territory. 

Sue_N
Sue_N

@Paul,nnto He may be one of the very few who went to Senate, stayed so long there and didn't get rich. No wonder GOPers hate him. By their standards, he's a failure!

DonQuixotic
DonQuixotic

@Paul,nnto 

Yep.  Don't expect anyone on the right to care though.  Biden's just another elitist, right?

DrM
DrM

@DonQuixotic @Paul,nnto How can you possibly consider Joe Biden an elitist? Clearly you know nothing about the man.