1 - $174,000 is the current salary. With that, they have to maintain two households (one in DC, one in home district/state). That salary is far from unusual for white collar workers in major metro areas.
1 - $174,000 is the current salary. With that, they have to maintain two households (one in DC, one in home district/state). That salary is far from unusual for white collar workers in major metro areas.
Singapore pays its public officials high salaries primarily to ensure the integrity and quality of its government. The official justification centers on attracting top talent who could otherwise command high incomes in the private sector, thereby establishing a "clean wage" that reduces the financial incentive for corruption. Salaries are explicitly benchmarked to the median income of the nation's highest earners.
e.g.,
Singapore PM annual salary: ~$1.63 million USD
Singapore President salary: ~$1.14 million USD
(These are the highest public salaries in the world for politicians)
That should take the edge off any money seeking schemes. It's hard to bribe the wealthy!
For 435 congress people and 100 senators, that adds up to $5.35B, which is about 6 hours of federal spending.
They probably do more than just pay a lot though.
Congress should be paid minimum wage. They are the ones who determined that this is enough to live on so everything above that is wasteful spending of public funds. If they don't think it's enough, they can change the minimum wage to a liveable amount.