It is often said that every dollar counts in dealing with the financial woes of the nation. Congressmen, Senators, and the President all make good amounts of money, costing us millions each year.
President Obama makes $400,00 each year and Vice President Biden makes over $200,000 annually. This adds up to over $600,000 a year. Or better yet, $4.8 million over eight years. Both men are wealthy and both men will be able to do expensive speaking roles after their time in the White House is up. Why not work on a salary of $1 a year.
And Congress should follow the example. Many in Congress are very wealthy and many are millionaires. If all 535 members of Congress gave up their salaries and expense accounts then we would save over $50 million a year. If a Congressman makes less than $100 k a year without his current role, he can keep his pay. However, if they has more than $10 million in the bank, let them do the patriotic thing and donate it back to the country.
With the $4.8 million dollars we could make from the President and VP giving up their salaries, we could give a $10,000 credit to 480 people buying hybrids. Or we could put that money towards a gasoline refinery owned by the government. Or we could put that money towards building schools in poor neighborhoods.
If the President feels that the crisis is so bad, let him lead by example. Email this to him and to anyone else that would send this to him and the Vice President and their Congressman. It's about time we get better.
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