Holder to Take Pay Cut


Attorney General Eric Holder and Secretary of State John Kerry will join Secretary of Defense Chuck Hagel and President Barack Obama in taking a pay cut this year as a result of sequestration.

“The Attorney General intends to take a pay cut equivalent to the maximum amount any Justice Department employee has to take as a result of the sequestration, which is up to 14 days this fiscal year, so that those funds can go back into the Treasury,” a Justice Department official told TIME, noting Holder wishes to minimize the impact of sequestration on the department’s employees. State Department spokeswoman Victoria Nuland announced that Kerry would give 5 percent of his salary to a charity for State employees.

On Wednesday, the White House confirmed that Obama will return $20,000 to the Treasury over the rest of the year — or 5 percent of his salary. Hagel pledged to take a pay…

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