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

Money's Worth | March 19, 2012

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

The House was not in session last week, but the Senate was. The chamber passed. S. 1813, the $109 billion transportation reauthorization bill on Thursday. The legislation will now go to the House where its future is uncertain. Existing legislation authorizing transportation spending programs expires on March 31.

For more on last week’s Capitol Hill activity, check below.

What you paid

Last week taxpayers spent roughly $100 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 weekly budget for all House offices: ($1,446,009/52) x 435 = $2,096,421

Average weekly budget for all Senate offices: ($3,409,093/52) x 100 = $6,555,958

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

What you got

As noted above, the House the House was not in session. The chamber will be back this week. To recap, so far this year, the chamber has voted to approve only two bills that would cut spending:

H.R. 3835, To extend the pay limitation for Members of Congress and Federal employees. SAVINGS: Unknown

H.R. 1173, Fiscal Responsibility and Retirement Security Act. SAVINGS: $9 million over five years

During debate on the transportation bill, the Senate voted 40 to 58 against an amendment offered by Sen. Bob Corker (R-TN) to lower the FY13 discretionary budget authority cap by $11 million in order to offset the general fund transfers to the Highway Trust Fund. The chamber also rejected 26-72 an amendment offered by Sen. Jim DeMint (R-SC) to get rid of certain energy tax subsidies in exchange for a decrease in the corporate income tax rate.

In addition to its work on the transportation bill, the Senate also confirmed Michael Walter Fitzgerald, of California and Gina Marie Groh to be U.S. district court judges.

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