The salary of a congressman varies. Rank and file members of both the House and the Senate make a salary of $174,000 annually. The Speaker of the House makes $223,500 annually and the House Majority and Minority leaders both make $193,400 annually. In the Senate, the Majority and Minority leaders also make $193,400 annually. Add their perks and if they can’t live off that...tough. They should take a cut.
And who knows how much they make under the table or skim off their re-election funds. They’re all a bunch of mobsters. They could take a 150% pay cut and still get rich in Congress.
Purely symbolic. A Congressman or a Senator with a family -- this salary isn't excessive in Washington. If they'd cut the rest of the government down it would be more meaningful to the taxpayers.
OUTRAGEOUS! I have suggested in the past that term limits be imposed on Congress: three terms for the House and two terms for the Senate. With NO pensions. Career politicians have been our nemesis! Begin by voting out of office anyone with more time than that! Cut their pensions to $25,000 a year for five years. That’s for the really old timers. They can earn their living by making their little speeches or writing their little books., or serving at the local level, should the people so decide.
This is fair. This is reasonable. Herman Cain would, indeed, set a fine example for the new or recent inductees.