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Congressional Pay Theft

Today's IRS Tax Tip

Patriotic Bar Showing Stars and Stripes



It's Only Our Taxes

Congressional Pay Theft February 5, 2008

See "Halt The Automatic Pay Raise Congress Gives Itself" Below Free Download Instructions

Visit: Club For Growth






The Club for Growth urges members of the House to vote "NO" on the American Housing Rescue and Foreclosure Prevention Act of 2008 (H.R. 3221). Floor consideration is scheduled for Wednesday or Thursday. This vote will be included in our annual Congressional Scorecard.

While the details of the bill are not yet finalized, it's clear that it will bail out irresponsible borrowers, lenders, and investors. It will also turn state and local governments into landlords, provide an unprecedented FHA loan guarantee, and put taxpayers on the hook for billions of dollars by rescuing Fannie Mae and Freddie Mac.

This bill creates a moral hazard that could wreak havoc on the economy in the future. It doesn't punish bad behavior, and it expands the government's role in the private sector when the very opposite should occur. The real debate should be about how to truly privatize Freddie and Fannie and make them subject to the laws and regulations that other mortgage lenders follow.

Our Congressional Scorecard for the 110th Congress provides a comprehensive rating of how well or how poorly each member of Congress supports pro-growth, free-market policies and will be distributed to our members and to the public.



Congressional Pay Theft April 18, 2008

In 1947, congressmen paid themselves $10,000. In today's dollars that would be $92,978.48. They actually pay themselves $168,000.

Are they worth it? They have stolen $1.7 trillion dollars from the social security excess revenues claiming it is in a "trust fund". That trust fund has paper I O U's worth not one red cent.

The federal debt is now $9.4 trillion dollars and headed toward $53 trillion unless we make drastic changes.




Congressional Pay Theft February 5, 2008

National Taxpayers Unions (NTU) Asks For A Halt On the Automatic Pay Raise Congress Gives Itself Each Year

Want To Write A Letter? Join The Movement

Full article To National Taxpayers Unions (NTU)

Excerpts:

February 01, 2008

Stop Congress's Automatic Pay Hike

Dear Representative:

On behalf of the 362,000 members of the National Taxpayers Union (NTU), I urge you to cosponsor bipartisan legislation (H.R. 5087) that would prevent an automatic pay increase for Members of Congress in 2009. Rank-and-file Members of Congress currently make an annual salary of $169,300 (more than double the median household income of $78,978 for the Washington, D.C. metro area, including wealthy suburbs). This sum doesn't include taxpayer funds used for lavish pensions, health plans, and generous allowances for travel, staff, and office expenses. In light of mixed economic indicators, Congress should reject an automatic pay hike that would pad a sizeable Congressional compensation package.

How did this auto-pilot pay raise system come about? As explained by Pete Sepp in the NTU Foundation Policy Paper "Congressional Perks: How the Trappings of Office Trap Taxpayers," it didn’t start out this way:

According to Article I of the U.S. Constitution, compensation paid to Members of Congress "shall be ascertained by law." The Founding Fathers intended Congress to set its own pay through the appropriations process, on the supposition that Members would be guided by their own sense of honor. In fact, lawmakers lived without a yearly salary up until 1854, having contented themselves prior to that time with a per-diem system that paid a flat rate for each day Congress was in session.

Congressional Pay Theft January 14, 2008

From: Townhouse.Com

A Pay Raise for Poor Performance



By Robert Bluey

Sunday, January 13, 2008

Full article Townhall.com

Excerpts:

Members of Congress return to Washington this week $4,100 richer. During their three-week vacation, the annual cost-of-living adjustment kicked in, bringing the salary of a congressman to $169,300.

At a time when partisan bickering has dragged congressional approval ratings to just 25 percent, Democrats and Republican can agree on one thing: a pay raise for poor performance.

Any American workers who had such dismal reviews would be fired. But in the case of lawmakers in Washington, it’s business as usual.

Support for the pay raise was among the most bipartisan issues Congress grappled with last year.

An attempt to block the automatic cost-of-living adjustment was defeated in June on a 244-to-181 vote; 99 Republicans joined 145 Democrats to back the 2.5 percent raise.

Congressional Pay Theft December 29, 2007

Senate Earmarks Gone Wild

Senators Daniel Inouye (D-Hawaii) and Ted Stevens (R-Alaska) refer to each other as “brother.” They reward each other hansomely when getting defense earmarks/pork projects worth hundreds of millions of dollars.

I'll work to get you yours-you work to get me mine, seems to be the MO of these two long, long serving senators

Stevens, the longest-serving Senate Republican, obtained $194 million in earmarks, for his home district, while Inouye got $203.6 million, according to a watchdog organization Taxpayers for Common Sense (TCS), which compiles such statistics.

The two senators have given thousands of dollars in political contributions to each other. They seemed to have outdone past cooperative efforts, looking out for each other in the final 2008 defense appropriations bill, even though they are from opposing parties.

There is very little of this kind of cooperation when it comes to confronting the most serious problems faced by the U.S.

More Congressional Pay Theft



PAY RAISE-CONGRESS IS BRAZENLY AT IT AGAIN

As congress receives its lowest approval rating since polling began, it is also pushing for a $4400 pay raise for itself.

This would increase their salary to nearly $170,000 about 4 times more than per capita income.

Congress in its infinite generosity to itself, set it up about twenty years ago so that what has to happen each year is that an automatic COLA-Cost of Living Increase kicks in unless they vote to block it.

Last year, they promised that no raise would come until the minimum wage was passed.

You can imagine how determined they were to get that through. It is the lone piece of major legislation it has passed this year.

The vote passed the House 244-181.



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When did Congressional Pay Theft originate?

In 1989 Congress showed what a magnanimous bunch it is.

It voted itself an automatic, yearly, raise in pay, unless there is a specific vote (by its own members) to cancel that raise.

Fat Chance!

So this past Wednesday, June 14th, each member got a $3300 increase, to take effect next session, up to a mere $168,500.

Surprise!! They couldn’t get enough votes to cancel that raise.

Congressional pay is nearly five times higher than per capita income.**

In addition to the hefty pay, pensions for congressmen are generous beyond practically anything in the nation.

Many Americans do not get automatic pay raises, so, we simply must tighten our belts in lean years.

Congress, despite a debt of $8.4 trillion dollars, just merrily takes care of itself now and with future treasure. A fine example for the rest of us.

The Founding Fathers originally designed the system for congressmen to serve, as a sacrifice, for a short period, with little pay, then return home to make a better living.

Today, most congressmen fight to make it a lifetime job with obscene pay and a fantastic retirement.

**U.S. Per Capita Income in 2005 was $34,586.

Taxpayers should be aware of Congressman Jeff Flake of Arizona, who has been working very hard at controlling all congressional spending by highlighting the practice of earmarking.

Earmarking will be covered soon in a separate article.

Congressional Pay Theft will continue indefinitely along with favortism to lobbyists if we continue to tolerate it.

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End Congressional Pay Theft

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