Inthe House of Representatives was scheduled to work just out of work days. Some might even wonder: Are senators paid for life? The answer is no. Those in leadership make a bit. Congressmen earn this annual salary for the duration of their congressmzn. Senators serve six-year terms, while members of the House serve for two years. S are no term limits. Plus, Virginia mortgage rates and the cost of living in D. Congressional compensation has always been a contentious issue.
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But many representatives and senators are independently wealthy from previous careers or significant gains they have made outside of their legislative work. Here are the 15 richest members currently serving in the House and Senate and where the wealth comes from, according to a analysis by Roll Call. Republican Rep. Francis Rooney of Florida has earned a large fortune from his business, Manhattan Construction Group, which has built massive projects such as Cowboys Stadium. Ro Khanna of California’s wealth comes via his wife, Ritu, who is worth millions from her father’s investment firm, Mura Holdings. Khanna’s father-in-law, Monte Ahuja, is also founder and CEO of the automotive transmission giant Transtar, another contributor to Rep. Khanna’s substantial net worth. Suzan DelBene of Washington and her husband have both held high-level positions at Microsoft, one of the largest corporations in the world. Democratic Rep. Scott Peters of California had a long career as an attorney in high-profile cases. He has also reinvested a lot of his earnings and is married to Lynn Gorguze, the president and CEO of Cameron Holdings, a private equity firm. Paul Mitchell of Michigan is not the hair products icon of the same name, but has been a corporate executive with a sizable portfolio. Chris Collins of New York, the first elected Republican to endorse Donald Trump’s presidential bid, owns stake in various companies ranging from manufacturing to biotechnology. Collins was recently stripped of his committee assignments after being indicted for insider trading. His trial is set for early Trey Hollingsworth is only 34 years old, but the Indiana Republican has a sizable fortune from his father, the founder of Hollingsworth Capital Partners, which renovates factories. In addition, she is married to Blum Capital president and chairman Richard Blum. Democratic Sen. Richard Blumenthal of Connecticut has significant assets from real estate across New York, partly due to his wife, Cynthia Malkin. Malkin is the daughter of real estate mogul Peter Malkin. Vern Buchanan of Florida is a highly successful auto-dealer across the southeastern United States. Mark Warner of Virginia is the richest senator, earning his wealth through real estate, energy, and telecommunications. Warner has also been a venture capitalist.
15. Francis Rooney — $22.6 million
Please join me on the 25th annual National Day of Service to make it a day on, This is the last step before officially introducing legislation in the House. Only 40 percent of We must have bipartisan discussions on modernizing our military’s authorization. How Can Scott Help? I went to Washington to stop business as usual, get wasteful government spending under control, and return the freedoms Washington has taken away from the American people. The only way we are going to rein in Washington is with support from the American public. Some congressional staff members can have their student loans repaid over several years in a program available to many federal employees.
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On Glenn Beck last thurs. Actually being in Rangel’s district, you should know that he has a very good sense of humor. And when Hugo Chavez condemned President Bush at the UN, it was Rangel who said neither Chavez nor any other president can come to the United States «and think because we have a problem with our president» that they can denigrate the president and Americans will not be offended. In the instance of mandatory military service, it’s an issue that will not be really considered until the situation is far worse.
If we did have a draft now, there would probably be greater opposition to the Iraq war, but for the most part, while they have had to lower their standards to meet the enlistment quotas, most branches of the military are keeping up with the necessary enlistments required to maintain their readiness. I don’t agree with you. Pay is based upon duties and responsibilities. Age and experience also factors into it. Our congressmen enact laws which is a big deal; they run our country along with the president and the judiciary.
Most of them put in long, long hours. If they’re not actually present in the house or senate they are in their offices working. And while many of their activities seem glamorous e. They spend a lot of time traveling back and forth between congress and their home turf. And I don’t think campaigning falls under the fun category. In my mind they deserve their salary and might even be underpaid even if we might not agree with the way some of them represent us.
Usually it is young men and women teens who join the military. Anyone who enlists knows that they have a good chance of going to war and they know what the pay is. And yet they chose to go. And don’t forget that is the base salary; it doesn’t include commissary privileges, heath coverage benefits and who knows what.
I do think that anyone who is shipped off to Afghanistan or Iraq should receive extra duty pay and for all we know perhaps they. Beck and other journalists like to stir things up without, in my estimation, laying out all of the facts for us to take into consideration. So you would end up, only having rich people, who did not need a congressional salary, be the only ones running for Congress. Don’t forget that Congressmen get to vote to raise their own pay, aka they basically get to give themselves raises.
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The Rock shares heartfelt posts about late father. Nepal rescuers forced to call off search for trekkers. Dressed to impress: Niners pick Super Bowl uniforms. Both sides cite dangers in run-up to Senate trial. Answer Save. Level of responsibility. Same in any job. How much would be enough for military service?
Rita Lv 4. Judith Lv 7. Beck is trying to compare the salary of a 20 year old, to the salary of a 50 year old. In Becks world, only the rich could afford to run for Congress. How do you think about the answers? You can sign in to vote the answer. BoatsBM1 Lv 7. Did Beck bother to say that HIS pay is about 9 times more than the average congressperson? Still have questions? Get your answers by asking .
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AP Throw Them All OutPeter Schweizer’s explosive how do congressman make so much money whie serving expose, has pulled back the lid on congressional insider tradingrevealing the shocking regularity with which elected officials use their legislative positions to reap financial rewards. This ‘honest’ graft is by no means limited to using inside knowledge to play the stock market. Schweizer, a fellow at the conservative Hoover Institute, reports that members of Congress are also making a killing in real estate, using federal funds to boost their personal land holdings. Like Congress’s questionable trading practicesmixing real estate investments with taxpayer money is technically legal. Actually, it’s pretty easy for members of Congress to get rich off of federal projects — land congrwssman are more difficult to detect than tradesand land, unlike stocks, doesn’t have a set price. Members of Congress aren’t required to disclose if a land deal would benefit them personally. In the corporate world, using company money for personal financial gain would at minimum ddo you fired. But in Congress, the practice is dl only legal, but common. Pelosi’s real estate portfolio has also gotten a boost xo her friends in Congress. InRep. Pelosi, who helped Thompson get his position as chair of the Homeland Security Committee, owns or has stake in multiple properties that would benefit from the project. Incidentally, the bridge was located just a few wo from a acre land parcel owned by Reid.
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