Obama To Give Back Five Percent Of His Salary

Obama To Give Back Five Percent Of His Salary
President Barack Obama visits the Rodon Group, which manufactures over 95% of the parts for K’NEX Brands toys, in Hatfield, Pa. (Nov. 2012 file photo)

President Obama will write checks back to the Treasury equal to five percent of his annual salary. He is doing so to show solidarity with government employees facing furloughs because of sequestration. ABC News White House Correspondent has more.