Members of Congress may be about to get a pay raise for the first since 2009
Members of Congress may be about to get a pay raise for the first since 2009
Lawmakers could get as high as a $6,600 pay raise as part of a short-term government funding bill that's set to get a vote this week.
“COL living raise for me but not for thee.”
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And yet (for many) their net worth has increased significantly while in office.
If they outlaw congressional stock trading, I'm fine with them doubling their salary.
Seriously. In the grand scheme of things, they have super important jobs that should pay fairly well. They should make enough money that on their salary alone, they can afford to keep homes in both DC and wherever they are coming from. $175k isn't really enough.
...and they need to make way stronger laws preventing them from engaging in any unethical revenue streams.
If we outlaw it they’ll just go around it using someone else as a proxy. Must try harder. :(
Best do nothing then!
So with the bullshit down and gloom, that's how they get away with never fixing anything. It's also a lot easier to trace insider trading when they go through a proxy.
Oh I’m not advocating for nothing, just saying that alone this isn’t enough.
We should absolutely outlaw congressional stock trading, and more.
Please don’t mistake my desire for something more comprehensive for apathy.