$$$ The Official 115th United States Congress $$$ (1 Viewer)

[Lutherman2112]

Too much presidential talk and not enough Congress critter talk. Try to keep it to talks about bills proposed rather than hearings and grandstanding crap like that.

Debt ceiling hits March 16. 

U.S. debt ceiling of $20 trillion-plus to be reached soon in next presidency
Published: Sept 13, 2016 3:40 p.m. ET

Whoever is elected president won’t get much breathing room after taking office: The government’s borrowing limit is set to run out in mid-March, potentially sparking another brouhaha with Congress.

The federal debt limit has been suspended since late 2015, but the law is set to be reinstated on March 16. Immediately the current debt limit of $20.1 trillion will be breached, according to calculations by the Bipartisan Policy Center.

“Just two months after the next president and Congress are sworn in, they will be running a government that is up against its legal borrowing limit,” said Shai Akabas, director of fiscal policy at the center.

A reminder:

Salary
As of 2017, members of Congress are paid $174,000 per year. Senate majority and minority leaders, as well as the president pro tempore, receive $193,400. The Speaker of the House receives $223,500.
Some historical facts about the salary of United States Congress members:
In 1789, members of the Congress received $6 per diem
In 1874, members of the Congress earned $5,000 per year
In 1990, members of the Congress earned $98,400 per year
From 2000-2006, the salary of a member of the United States Congress increased every year, going from $141,300-$165,200 in that time span.

 

[Lutherman2112]

Oooops. My bad, Republicans already voted to for $9 trillion increase.

What are conservatives doing voting to increase debt by $9 trilliion?

 

[Long Ball Larry]

Too much presidential talk and not enough Congress critter talk. Try to keep it to talks about bills proposed rather than hearings and grandstanding crap like that.

Debt ceiling hits March 16. 

A reminder:

Salary
As of 2017, members of Congress are paid $174,000 per year. Senate majority and minority leaders, as well as the president pro tempore, receive $193,400. The Speaker of the House receives $223,500.
Some historical facts about the salary of United States Congress members:
In 1789, members of the Congress received $6 per diem
In 1874, members of the Congress earned $5,000 per year
In 1990, members of the Congress earned $98,400 per year
From 2000-2006, the salary of a member of the United States Congress increased every year, going from $141,300-$165,200 in that time span.

$5,000 in 1874 dollars = $54,712 in 1990 and $100,320 in 2016.

It's not great, I guess, but I would imagine that a congressmen's job is more complicated today?

 

[Lutherman2112]

$5,000 in 1874 dollars = $54,712 in 1990 and $100,320 in 2016.

It's not great, I guess, but I would imagine that a congressmen's job is more complicated today?

Yes, I imagine the job is much harder today, especially when you consider the fundraising that is expected by each of the two parties.