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S.3158 - No Pay Raise for Congress Until the Budget is Balanced Act
A bill to require Congress to lead by example and freeze its own pay and fully offset the cost of the extension of unemployment benefits and other Federal aid.
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SECTION 1. NO INCREASE IN PAY OF MEMBERS OF CONGRESS.
(3) The Federal budget deficit is projected to amount to $1,300,000,000,000 for fiscal year 2010 and the annual deficits will average nearly $1,000,000,000,000 for the next decade, according to the Congressional Budget Office.CommentsClose CommentsPermalink
(6) Foreign investors held 48 percent of the United States’ outstanding public debt at the end of 2009, including $776,400,000,000 the United States owes to Communist China.CommentsClose CommentsPermalink
(7) For the first time ever, the Federal budget deficit has been singled out as the most important issue facing the future of the country, according to a Gallup poll conducted between March 4 and March 7, 2010.CommentsClose CommentsPermalink
(9) Eighty-three percent of Americans say the size of the Federal budget deficit is due to the unwillingness of politicians to cut Government spending and just 11 percent think the Government spends taxpayers’ money wisely, according to a national survey conducted between February 2 and February 3, 2010, by Rasmussen Reports.CommentsClose CommentsPermalink
(10) More than twice as many United States adults (58 percent) say that debt owed to China is a more serious threat to the long-term security and well-being of the United States than is terrorism from radical Islamic terrorists (27 percent), according to a Zogby Interactive survey conducted between February 17 and February 19, 2010.CommentsClose CommentsPermalink
(A) Congress should make balancing the Federal budget an urgent priority to protect the national security, financial stability, and standard of living of the United States;CommentsClose CommentsPermalink
(B) because Congress has long refused to make the tough decisions necessary to cut wasteful spending, reducing the national debt limit is the only sure way to force Congress to live within its means;CommentsClose CommentsPermalink
(C) the pay for members of Congress, who are constitutionally responsible for the money drawn from the United States Treasury and the debt that results from excessive spending, should not be increased until Congress has balanced the Federal budget; andCommentsClose CommentsPermalink
(1) RESTRICTION ON COLA ADJUSTMENTS- Notwithstanding any other provision of law, no adjustment shall be made under section 601(a) of the Legislative Reorganization Act of 1946 (
(B) RESTRICTION OF COLA ADJUSTMENTS- Not later than the end of each calendar year, the Secretary of the Treasury shall submit a report to the Secretary of the Senate and the Chief Administrative Officer of the House of Representatives on--CommentsClose CommentsPermalink
SEC. 2. REPEAL OF INCREASE OF THE OFFICE BUDGETS OF MEMBERS OF CONGRESS.
Of the funds made available under