Barney Frank is now imposing legislation to cap all pay of companies receiving government funds. I say OK - Congress pay is supported exclusively through our tax dollars and I say we limit their pay to the following scale:
House Members Pay scale:
First 2 year term of House members: $125,000 per year
Second term of House member: $62,500 per year
Third Term and beyond: $1.00 per year
Senate Members pay scale:
First 6 year term of Senate Members: $125,000
Second term and beyond of Senate Members: $1.00
No retirement pay.
Healthcare only during their term.
Effective January 1st 2010 all government funded House and Senate members will be paid according to the above scale.
What say you?
True knowledge of American history is necessary to insure the future of the America we love… This is an important time in our country's history. We must be wise and measured as we choose our leaders going forward.
1 comment:
Rich, I really think that is an excellent idea! Kenny
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