Federal politicians are in for a big pay rise with Prime Minister Julia Gillard set to take home an extra $90,000 and Liberal turncoat and new Speaker Peter Slipper pocketing an extra $70,000, News Ltd papers say.
The report says the extra money will put Ms Gillard in a higher pay bracket than either US President Barack Obama or her British counterpart David Cameron.
Humble backbenchers will get another $40,000 for an annual wage of $180,000.
The News Ltd papers say the government is bracing for a public backlash to the pay deal, particularly after its spending cuts announced just two days ago included slashing the baby bonus and reducing public service spending.
I just can't wait to hear the justifications for these massive, undeserved pay increases.
I suspect I will be waiting some time, though.