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Restoring Biblical Values through Epic Stories

History Facts: Truth about Congressional Pensions

History Facts, Moral Support:

Truth about Congressional Pensions

“I could end the deficit in five minutes,” he told CNBC. “You just pass a law that says that anytime there is a deficit of more than 3% of GDP, all sitting members of Congress are ineligible for re-election”. ~Donald Trump

Salary of retired US Presidents . . . . .. . . . . .. . $180,000/year FOR LIFE

Salary of House/Senate members .. . . . .. . . . $174,000/year FOR LIFE

Salary of Speaker of the House .. . . . .. . . . . $223,500/year FOR LIFE

Salary of Majority / Minority Leaders . . .. . . . . $193,400/year FOR LIFE

continues:

Average Salary of a teacher . . . . . . .. . . . . .. .$40,065

Average Salary of a deployed Soldier . . .. . . .. $38,000

Here’s where the cuts should be made!

TRUMP, in a recent interview with CNBC, offers one of the best quotes about the debt ceiling:

“I could end the deficit in five minutes,” he told CNBC. “You just pass a law that says that anytime there is a deficit of more than 3% of GDP, all sitting members of Congress are ineligible for re-election”.

Congressional Reform Act of 2017

  1. No Tenure / No Pension. A Congressman/woman collects a salary while in office and receives no pay when they’re out of office.

2. Congress (past, present, & future) participates in Social Security. All funds in the Congressional retirement fund move to the Social Security system immediately. All future funds flow into the Social Security system, and Congress participates with the American people. It may not be used for any other purpose.

  1. Congress can purchase their own retirement plan, just as all Americans do.
  2. Congress will no longer vote themselves a pay raise. Congressional pay will rise by the lower of CPI or 3%.
  3. Congress loses their current health care system and participates in the same health care system as the American people.
  4. Congress must equally abide by all laws they impose on the American people.
  5. All contracts with past and present Congressmen/women are void effective 07/01/17. The American people did not make this contract with Congressmen/women.

Congress made all these contracts for themselves. Serving in Congress is an honor, not a career. The Founding Fathers envisioned citizen legislators, so ours should serve their term(s), then go home and go back to work.