US Congress awards themselves $4700 pay raise

Members of Congress are slated to receive a $4,700 pay raise beginning in January, increasing their annual salaries to $174,000. The increase for 535 House and Senate members would cost taxpayers more than $2.5 million.

That salary alone, which excludes all other outside income and spousal wages, ranks each lawmaker in the top six percent of American households.

Market Watch
12/19/8