I think this is overstated. You can’t even run for Congress without being a millionaire, a millionaire’s family, a lawyer, a lobbyist, or a military officer looking to cash out.
You can’t get in the door of Congress without being in hoc to a constellation of private interests. Capping their pay won’t change that.
Because Congress sets its own salary. I don’t. So, I have no say in the matter.
Also because there’s no real “cost savings” in a material sense. Congressional spending has been decoupled from federal taxation since the Great Depression. Pay congressmen $1/term. Pay them $1M/hr. I don’t see any kind of change in my material condition.
Incidentally, the Gingrich Era Contract with America was billed as a legislation package to rein in the capacity for Congresscritters to personally enrich and profiteer off their positions. Similarly, Pelosi’s For The People Act included a number of reforms intended to prevent Congress from double-dealing and insider trading. Despite both Speakers enjoying a bicameral majority and a friendly President during their careers, neither successfully advanced legislation to handcuff members of Congress.
Asking Congress to regulate itself is a fool’s request.
I agree on spirit, but in practice this will just make them even easier to be bought.
As if they aren’t already bought. At least you’ll have one of your own elevated and not some already rich asshole trying to get richer.
I didn’t say they aren’t already, just that it would be even easier if they’re paid less.
I honestly believe that AoC’s personal finances are shit.
I think this is overstated. You can’t even run for Congress without being a millionaire, a millionaire’s family, a lawyer, a lobbyist, or a military officer looking to cash out.
You can’t get in the door of Congress without being in hoc to a constellation of private interests. Capping their pay won’t change that.
you got a point. Also I think that they get bought of either way, so why not safe a little on their salary ;)
Because Congress sets its own salary. I don’t. So, I have no say in the matter.
Also because there’s no real “cost savings” in a material sense. Congressional spending has been decoupled from federal taxation since the Great Depression. Pay congressmen $1/term. Pay them $1M/hr. I don’t see any kind of change in my material condition.
Incidentally, the Gingrich Era Contract with America was billed as a legislation package to rein in the capacity for Congresscritters to personally enrich and profiteer off their positions. Similarly, Pelosi’s For The People Act included a number of reforms intended to prevent Congress from double-dealing and insider trading. Despite both Speakers enjoying a bicameral majority and a friendly President during their careers, neither successfully advanced legislation to handcuff members of Congress.
Asking Congress to regulate itself is a fool’s request.
Hey Thanks. I didn’t know any of that.
🫡