A proposal that ties their compensation to our financial
success
I've been fooling with
ideas on these kinds of things for some time, but this is the first I have
reduced my thoughts on this particular matter to writing. I’m sure there
are details I’m missing but you should get the general gist. If you
agree, pass it on; although I think it would be difficult to get anything like
this to the floor for a vote... but you never know.
This would, number one,
be a different kind of federal legislation. It gives the power and
authority back to the individual states to determine what their congressional
representatives are paid but sets a cap on compensation, based upon the income
of the people represented. Here’s how I envision it:
Salaries and retirement
plans for members of the US House of Representatives and the US Senate shall be
funded by the states represented. All federal tax monies previously
budgeted for the compensation of Senators and Congressmen shall no longer be
considered when determining rates of taxation at the federal level. It is
required that these funds remain with the individual states, and their
respective tax rates be adjusted (and offset by the federal tax reduction) to
fund such obligations.
Salaries for members of
the US House of Representatives and the US Senate shall be determined by the
legislative bodies of their respective states, within the following guidelines:
- The annual salary for members elected to the US Senate shall not exceed the annual median income of individuals in the state from which the senator was elected;
- The annual salary for members elected to the US House of Representatives shall not exceed the annual median income of individuals in the congressional district from which the representative was elected;
- The state legislatures, in both instances, may provide additional compensation to the degree necessary for the elected senator or congressman to contribute and participate in the same health care and retirement plans offered to their state’s employees;
- Eligibility requirements for retirement shall be determined by the state legislature.
*****
I think this might
accomplish a number of positive goals. While compensation for members of
Congress is not a huge portion of the federal budget, the compensation they
currently enjoy has some affect in the financial decisions being made on behalf
of their constituents. We are also, in an ideal world, less likely to
attract the types to run for office who will not represent us well. When
our income improves, their income improves. When unemployment is high,
they will also take a hit in the wallet. Promising lots of things to
people who don’t work will suddenly not look like such a good idea.
Just some random thoughts.
If you like where I'm going with this, comment and pass it on.
© the stiff lizard
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