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Create a performance base salary for members of the congress and for the office of the President

Created by S.M. on January 02, 2013

Let's start paying members of Congress and the President half of their compensation in 10-year Treasury debt, which they must hold until maturity. Members of Congress make roughly $180,000, so under this proposal, they would get $90,000 in cash and $90,000 in 10-year Treasuries. For the President, it would be $200,000 cash and $200,000 in T-bonds. If the economy does well and if they get our fiscal house in order and institute pro-growth tax and spending policies, those 10-year bonds should hold their value. I'd condition a third of the bonds on the labor force participation rate as well. Also would ban lobbyists and groups from providing any trips or gifts

Economy & Jobs
Government & Regulatory Reform
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