Posted on 02/03/2005 10:06:05 PM PST by Coleus
Rep. Cliff Stearns (R.-Fla.) introduced the Deficit Accountability Act of 2005 (H.R. 223) To provide that NO AUTOMATIC automatic pay adjustment for Members of Congress shall be made in the year following a fiscal year in which there is a Federal budget deficit.
Write to your representative to cosponsor and vote for H.R. 223.
Deficit Accountability Act of 2005 (Introduced in House)
HR 223 IH
109th CONGRESS
1st Session
H. R. 223 To provide that no automatic pay adjustment for Members of Congress shall be made in the year following a fiscal year in which there is a Federal budget deficit.
IN THE HOUSE OF REPRESENTATIVES
January 4, 2005 Mr. STEARNS introduced the following bill; which was referred to the Committee on House Administration, and in addition to the Committee on Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned
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A BILL To provide that no automatic pay adjustment for Members of Congress shall be made in the year following a fiscal year in which there is a Federal budget deficit.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the `Deficit Accountability Act of 2005'.
SEC. 2. EFFECT OF A BUDGET DEFICIT.
Section 601(a) of the Legislative Reorganization Act of 1946 (2 U.S.C. 31) is amended--
(1) in paragraph (2)(A), by striking `Subject to subparagraph (B),' and inserting `Subject to subparagraph (B) and paragraph (3),'; and
(2) by adding at the end the following:
`(3) An adjustment under paragraph (2) otherwise scheduled to take effect in a calendar year shall not be made if, as determined by the Office of Management and Budget, there was a deficit (as defined by section 3 of the Congressional Budget and Impoundment Control Act of 1974) in the preceding fiscal year.'.
Heck. Give them a profit sharing plan.
$1 million cash for every $1 billion in the Fiscal Year surplus, divided evenly among the 535 members.
They'd have that deficit thing solved in a week.
I'd like to see a proposal that posits: For every percentage point the budget is in deficit at the end of the fiscal year, everyone in the legislative, executive and judicial branch, and ALL federal employees (excepting the armed forces and border guards) is subject to a 5% wage cut, and heads of over-budget departments FIRED.
I'd wager that waste and profligate spending would be reduced significantly, in very short order.
Wouldn't you love a job that allowed you to just tell your boss, Hey, I need an extra 500 a month in my paycheck - do it?
Their rasies should not be decided on by themselves - nor anyone who could become complicit...
Well, the Democrats say that Social Security will be able to pay 70% of its obligations in 2054, and that's just hunky-dory.
Surely, they'd be willing to serve for 70% of their current pay.
We could donate the savings to their precious tsunami relief.
No they'd just cook the books, not that they ain't now. See Fannie Mae.
Denny Crane: "There are two places to find the truth. First God and then Fox News."
Denny Crane: "There are two places to find the truth. First God and then Fox News."
You got that right!
The first thing they'd do is list all tangible assets at current value, including the real estate and potential mineral value to paper over the cash deficit.
I always thought that automatic payraises violated the meaning of the 27th Amendment to the US Constitution.
No they'd just cook the books, not that they ain't now. See Fannie Mae. >>
and don't forget the Congressioanl Bank Scandal and the John McCain, Keating-5 Scandal.
bttt
I have long said that if their pay increase would end and their pay were to be cut if there be a deficit, the budget would be balanced in a fortnight.
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