Netanyahu and his ministers to take pay cut

Tuesday, July 21, 2009 |  Israel Today Staff

As Israel's government continues to struggle to come up with enough money to handle the nation's huge expenses, Prime Minister Benjamin Netanyhau and his 29 ministers have agreed to all take a 5 percent pay cut.

Under the cuts, Netanyahu's salary will be reduced to about $10,000 a month, and his ministers will now make about $8,500 a month.

In addition to needing to cover education, infrastructure, welfare and the health costs incurred by a universal health care system, Israel is also forced to maintain a disproportionately large defense budget. The result is a long and bitter fight over the national budget every year.

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