Friday, April 5, 2013

Following Obama, Kerry to donate part of salary

WASHINGTON (AP) -- The richest member of President Barack Obama's Cabinet is giving back some salary, too, in the spirit of government-wide spending cuts.

A day after Obama and Defense Secretary Chuck Hagel said they'd return 5 percent of their paycheck to the Treasury, Secretary of State John Kerry followed in somewhat similar fashion.

State Department spokeswoman Victoria Nuland says Kerry, however, will give his 5 percent to a charity for department employees. She says he already makes significant charitable donations.

Kerry makes $183,500 this year. His donation is worth $9,175.

The former Massachusetts senator was worth more than $184 million at the time of his 2011 Senate financial disclosure form.

His wife, Teresa Heinz Kerry, is heiress to the Heinz ketchup fortune and is reportedly worth more than $1 billion.

Source: http://news.yahoo.com/following-obama-kerry-donate-part-192829635.html

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