this post was submitted on 05 Jan 2024
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516
Retiring House Republican says $174,000 isn't enough money for members of Congress: 'Most of us don't have wealth' (www.businessinsider.com)
submitted 10 months ago by MicroWave@lemmy.world to c/politics@lemmy.world
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Rank-and-file members of both the House and Senate are paid $174,000 a year.

That probably seems like a decent amount of money, and it is: The median household income in 2022 was $74,580, according to the US Census.

But consider that members of Congress generally have to maintain two residences — one in Washington, DC, and one in their home state — and that they haven't gotten a raise since 2009.

Inflation, meanwhile, has eaten away at the value of that salary over time: If lawmakers' salaries had kept pace with inflation, they would be paid over $250,000 today.

Rep. Patrick McHenry, a North Carolina Republican who served as the interim speaker of the House following Kevin McCarthy's ouster, told The Dispatch that congressional pay needed to be raised in order to attract "credible people to run for office."

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[–] Jarix@lemmy.world 9 points 10 months ago* (last edited 10 months ago) (2 children)

Rank-and-file members of both the House and Senate are paid $174,000 a year. That probably seems like a decent amount of money, and it is: The median household income in 2022 was $74,580, according to the US Census. But consider that members of Congress generally have to maintain two residences — one in Washington, DC, and one in their home state — and that they haven't gotten a raise since 2009.

2x74,580 is 149,160 174,000 - 149,160 is 24,840 on top of twice the median 2022 census numbers.

Salaries havent changed in 20 years?

Can someone find how how many times their salaries did increase well beyond the rate of inflation?

How many years does the average rank and file member of the rank and file serve in office.

Also we are comparing a single persons salary to a household income, which shoud be taken into acount. How many households earning that 74,580 are doing it with a single income earner? If even half of those are not single individuals then compared to the average household income, the rank and file members of congress and the senate are effectively earning the equivalent of double their salary, or should be compared to other individuals earning less than $37,281 or approximately 17.92 per hour

[–] nbafantest@lemmy.world 8 points 10 months ago

Like most the problems in America, it's all about housing.

[–] verdantbanana@lemmy.world 1 points 10 months ago* (last edited 10 months ago)

17.92 per hour is still higher than they are willing to let the minimum wage go