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Members of Congress may be getting an up to $6,600 raise this year. That's due to a provision in a must-pass funding bill that's set to get a vote this week. Rank-and-file lawmakers have been ...
Senate salaries House of Representatives salaries. This chart shows historical information on the salaries that members of the United States Congress have been paid. [1] The Government Ethics Reform Act of 1989 provides for an automatic increase in salary each year as a cost of living adjustment that reflects the employment cost index. [2]
The Inflation Reduction Act of 2022 (IRA) is a United States federal law which aims to reduce the federal government budget deficit, lower prescription drug prices, and invest in domestic energy production while promoting clean energy. It was passed by the 117th United States Congress and signed into law by President Joe Biden on August 16, 2022.
The Constitution calls for members of Congress to set their own pay, and the current wages of $174,000 a year were established by an automatic 2.8 percent raise in January of 2009 as outlined in ...
The bill would prevent a 0.5% pay increase for all federal workers from taking effect, continuing a pay freeze that has been in effect since 2011. According to the Congressional Budget Office, this measure would save the federal government $11 billion over 10 years. [2]
With a vote of 220 to 207, the U.S. House of Representatives passed the Inflation Reduction Act on Friday. Here's what's in the bill
Furthermore, several members of Congress do not use a standardized electronic format, instead filing reports that range from vague to indecipherable. [3] As of 2020, over half of the members of Congress were millionaires and the median net worth of members was approximately $1 million.
With inflation raging near its highest level in four decades, the House on Friday gave final approval to President Joe Biden's landmark Inflation Reduction Act. Its title raises a tantalizing ...