Congress To Get Pay Raise

Members of Congress To Get Pay Raise

A crumbling economy, more than 2 million constituents who have lost their jobs this year, and congressional demands of CEOs to work for free did not convince lawmakers to freeze their own pay.

Instead, they will get a $4,700 pay increase, amounting to an additional $2.5 million that taxpayers will spend on congressional salaries, and watchdog groups are not happy about it.

"As lawmakers make a big show of forcing auto executives to accept just $1 a year in salary, they are quietly raiding the vault for their own personal gain," said Daniel O’Connell, chairman of The Senior Citizens League (TSCL), a non-partisan group. "This money would be much better spent helping the millions of seniors who are living below the poverty line and struggling to keep their heat on this winter." SOURCE ...

It’s an automatic cost of living increase that will bump up the average congressional salary to $174,000.

Some watchdog groups are demanding that lawmakers vote to freeze their pay, especially when so many constituents are struggling financially.

"This is the first test of a new Congress. Will you give yourselves a pay raise or will you sympathize with everyone around the country who's lucky to have a job and certainly in most cases will not be getting a pay raise?" questioned Tom Schatz, of Citizens Against Government Waste.

Members of Congress can choose to give their increase back by writing a check to the Treasury Department. SOURCE ...

[Do you know of anyone refusing to take "free money" ... or giving it back? The secret to wealth is getting a lot of other people's money from their pocket into yours. Good Luck!]

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See also:
Financial Success - The American Dream
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