Scaled pay & fiscal responsibility & scrutiny for Representatives

Economy
1

Representatives (both House & Senate) will have a scaled salary. The salary increases or decreases depending upon the national economy and economic factors.

  1. Representative pay directly correlates to the economic health of the United States.
    E.g. If inflation is up 10%, the representative is penalized 10% pay. Conversely, bonuses for U.S. economic growth & government spending staying within or under budget.

  2. Penalties on pay for government being over budget or an unbalanced budget.

  3. Government budget & spending will be directly tied to the U.S. Net GDP.
    e.g. GDP down = same percentage of government cuts must be made to reflect deficit in Net GDP

  4. Representatives will be audited quarterly on personal investments, assets & financial portfolios

  5. Any evidence of bribery, payoffs, insider trading or stock manipulation, results in immediate ejection from their seat and the representative shall be held for treason.

  6. Investments & accounts in any foreign company, holding, bank, or country is explicitly prohibited for any representative.

  7. Representatives are penalized pay for any absents during proceedings/votes concerning anything instrumental to the economy (barring health issues or immediate death of a family member)

7 Likes
2

I would add an eighth stipulation and say no member of Congress would be eligible for reelection in the event that government spending exceeds the GDP by more than 5%. Part of their responsibility is to not send us into debt that is so far beyond reasonable that it’s difficult to return to a balanced budget. They have been doing this for years while simultaneously placing more burden on the public.

1 Like
3

Good one! Agreed.

4

Representatives should make no more than the median income of the constituents they represent.