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April 06, 2013


Don't Expect Congress to Take a Pay Cut

David Hawkings says don't expect a groundswell of solidarity from members of Congress with President Obama's symbolic gesture of giving back five percent of his pay.

"A relative handful already turn back some of their salaries as a gesture of fiscal discipline. (The money goes to a special Treasury deficit-reduction fund.) And a few more will be doing so for political reasons in the coming months, and especially if their re-election prospects look dicey next year."

"But beyond sticking by the salary freeze they imposed on themselves four years ago, don't look for any legislative groundswell to reduce congressional paychecks across the board. So many members have such safe seats that they see no need to make such a move, plus many of them are having trouble managing their two-city lives on $174,000 a year."












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