Did you get your Money’s Worth from Congress last week?

Money's Worth | July 11, 2011

Both the House and Senate were in session last week. In addition to the measures outlined below, the White House and Congress continued behind-the-scenes negotiation to try to hammer out deal to raise the statutory debt limit and reduce the budget deficit. Late Saturday, those talks collapsed, though they are scheduled to begin again today.

What you paid
Last week taxpayers spent roughly $107.8 million on Congress.

Salaries of Members of Congress and their allowances/week:

Speaker of the House: $223,500/52 = $4,299
House and Senate Majority and Minority Leaders: ($193,400/52) x 4 = $14,877
Other Representatives and Senators: ($174,000/52) x 530 = $1,773,462

Average budget for Members of Congress: ($1,600,000/52) x 535 = $16,461,538

Non-salary money allocated for Congress: $4.656 billion/52 = $89,538,462

What you got
The House
voted in favor of two bills that would cost $649 billion:

H.R. 2219, Fiscal Year Defense Department Appropriations bill. COST: $649 billion

H. Res. 268, Reaffirming the U.S. commitment to a negotiated settlement of the Israeli-Palestinian conflict through direct Israeli-Palestinian negotiations. COST: $0

The Senate invoked cloture on S. 1323, “a bill to express the sense of the Senate on shared sacrifice in resolving the budget deficit.”

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