So although thousands of federal employees may be furloughed after the sequester takes place, don’t fear, President Obama won’t see a pay cut. The Budget Control Act, which was signed into law by Obama in 2011, will take affect on March 1st. The President will be exempt from the effects of the sequestration, which he has threatened will be devastating.
report published last month by the Congressional Research Service--“Budget Sequestration and Selected Program Exemptions and Special Rules"--identifies certain programs that are exempt from sequestration and lays out special rules that govern the sequestration of others.
Section 255 of...