Do-Nothing Congress to Get Pay Raise
Posted on Dec 30, 2012
Looking for a job where being unproductive and ineffective won’t hurt your chances of getting a raise? Try being a member of Congress!
Despite getting less done than any previous Congress since the 1940s, President Obama issued an executive order Thursday that would give pay raises to every member of the House and Senate, as well as federal workers, beginning March 27, 2013. This marks the first pay increase for Congress in more than three years.
News of the raise comes as congressional Democrats and Republicans try to cobble together a last-minute solution to fix the nation’s burgeoning budget crisis.
Fiscal cliff? What fiscal cliff?
Congressmen and senators make $174,000 a year and will see an extra $900 in their annual pay packages before taxes next year.
Speaker John Boehner (R-Ohio) will get $224,600 next year, up from $223,500, while Senate Majority Leader Harry Reid (D-Nev.) and House Majority Leader Eric Cantor (R-Va.) will take in $194,400, up from $193,400.
Vice President Biden will also get a raise, and take home $231,900 before taxes next year.
—Posted by Tracy Bloom.