Jim Moran (D-Va) is underpaid. In fact, Moran says that all the members of Congress, who earn an average of $175,000 per year, can no longer make their ends meet. In the obtuse economic world that the members of Congress evidently live in, where their annual haul is well over three times the American household median income of $51,000, Moran’s sentiments met with some quick backlash.
Reports an April 5 Reuters report as carried on MSN News: “U.S. lawmakers have quietly gone along with an annual salary freeze since 2010, but a Virginia Democrat has had enough and said members of Congress are underpaid.”
The longtime congressman, who is soon to be retired, voiced his unpopular comments last week after the House voted to once again forgo their cost-of-living increase that they are entitled to – the sixth straight year that they have done so.
Last year’s government shutdown triggered spill-over in frustrations across the nation as Americans focused their ire on a dysfunctional and squabbling body of legislators.
In October, I covered the shutdown and wrote: “The government shutdown is affecting hundreds of thousands of furloughed workers, including those who have a say in ending it. But for one lawmaker, his ‘nice house’ is the reason he chose to still collect his pay while so many others suffer without it.”
“I think the American people should know that the members of Congress are underpaid," Moran told the newspaper Roll Call on Thursday. “I understand that it's widely felt that they underperform, but the fact is that this is the board of directors for the largest economic entity in the world.”
Moran seemingly thinks Congress should be compensated like they are all on the Wayne Enterprise Board of Directors.
The NY Times in early January reported that over half the members of the House and Senate are now millionaires.
Per the Times:
It is hardly the kind of news that lawmakers in Congress would want to highlight during a week when unemployment benefits expired for more than a million Americans. But Congress has achieved something of a milestone.
For the first time in history, more than half the members of the House and Senate are now millionaires, according to a new analysis of financial disclosure reports filed last year.
“Our pay has been frozen for three years,” Moran said. “A lot of members can’t even afford to live decently in Washington.”
Many Americans simply cannot afford to live decently.
A point lost on our "penniless" politician.