InvestorsHub Logo
Followers 46
Posts 12461
Boards Moderated 2
Alias Born 01/09/2013

Re: phillymillions post# 9249

Monday, 12/06/2021 11:58:13 PM

Monday, December 06, 2021 11:58:13 PM

Post# of 44736
Yes sir.

By Robert Longley
Updated on July 26, 2021
The salary and benefits paid to the Senators and Representatives of the U.S. Congress is a constant source of public fascination, debate, and most of all, fake news.


The rumor that members of Congress can retire with the same pay after only one term has been making its way through the email chains of disgruntled citizens for years, along with the mistruth that congress members don't need to pay off their student loans. Another infamous email demanding passage of a mythical “Congressional Reform Act” claims members of Congress do not pay Social Security taxes. That, too, is wrong.


Salaries and benefits of members of the U.S. Congress have been the source of taxpayer unhappiness and rumors over the years. Here are some facts for your consideration.

The current base salary for all rank-and-file members of the U.S. House and Senate is $174,000 per year, plus benefits.1? Salaries have not been increased since 2009. Compared to private-sector salaries, the salaries of members of Congress is lower than many mid-level executives and managers.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent DJT News