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Andrew Tobias
Andrew Tobias

Money and Other Subjects

“Outrageous Congressional Perks”

June 17, 2019June 16, 2019

[Hey! Don’t forget: second quarterly estimated tax due today.]

But first:


Why Andrew Yang Matters — you read about him here first!


Justice Kavanaugh Wants Us To Know He’s Won (thanks, Glenn — you’ve ruined my day).


And now:

Five myths about Congressional perks.

Short form:

> Members DO pay into Social Security, just like everybody else.

> Members and their staff ARE subject to ObamaCare.  Their only way out: coverage through a spouse or parent, or buying coverage on their own, without federal subsidy . . . like anyone else.

> Members do NOT receive a big pension after one term.  (E.g.: After 16 years, former Congressman Steve Israel gets $40,000/year.  Not nothing — but hardly the $174,000-after-just-one-term frequently alleged.)

> And no — #4 and #5 — they DON’T get free DC housing (unless sleeping on their office couch) and have NOT given themselves raises in the last ten years.

That said, I sure would like your help sweeping out of office those representatives — and senators — who see their role as attempting to block any progress under a Democrat, as with Obama; and defending the indefensible, as with Trump.

Click here.

We should daily demand that Senate Republicans at least take up — and ideally pass — the 10 bills Democrats in the House have passed this year to make normal Americans’ lives better.

 

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Quote of the Day

"There are two ideas of government. There are those who believe that, if you will only legislate to make the well-to-do prosperous, their prosperity will leak through on those below. The Democratic idea, however, has been that if you legislate to make the masses prosperous, their prosperity will find its way up through every class which rests upon them."

William Jennings Bryan, 1896

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