Bill Freehling is a business writer for The Free Lance-Star and Fredericksburg.com. This blog is on Fredericksburg-area business. Send an e-mail to Bill Freehling.
President Obama is expected to announce this morning a pay freeze for federal employees, The Associated Press and other news outlets are reporting. The televised announcement is expected to come at 11:35 a.m. Given the number of Fredericksburg-area residents that work for the federal government, there is sure to be a lot of interest in the details locally.
UPDATE: Click here to read CNBC’s report of the announcement and here to see the official announcement from the White House.