Obama Gives Members Of Congress A Pay Raise [View all]

[octoberlib]

Members of Congress will join other federal workers in seeing a modest increase in their pay next year thanks to an executive order signed by President Obama Thursday.
Congressmen and senators who make $174,000 a year will see an extra $900 in their annual pay packages before taxes next year. That's an increase of 0.5 percent that will take place after March 27.
Vice President Joe Biden will also see an increase in his pay.
The executive order increasing the pay of members of Congress comes while the White House and Congress push to reach a deal on the so-called fiscal cliff before taxes and deep spending cuts take place on January 1.

http://www.buzzfeed.com/andrewkaczynski/obama-gives-members-of-congress-a-pay-raise




While Republicans blocked the bill proposed by Democrats to raise the minimum wage.

House Democrats proposed legislation in June that would have raised the national minimum wage to $10 an hour, but Republicans blocked it. The minimum wage is currently $7.25 an hour, even though it would need to be raised to $9.92 to match the borrowing power it had in 1968. If it was indexed to inflation, it would be $10.40 today.

http://thinkprogress.org/politics/2012/12/28/1356701/what-could-have-been-the-most-important-bills-blocked-by-republicans-in-2012/


Copy of the Executive Order http://www.opm.gov/oca/compmemo/2012/2013PAY_Attach.pdf