Gowdy Co-Sponsors Bill to End Congress Pensions

From Right Wing News:

Trey Gowdy 2

This is fantastic! It is exactly the type of thing Conservative Republicans should be doing. Well done, Rep. Ron DeSantis for introducing this! Kudos to Trey Gowdy and the others for co-sponsoring the bill as well. Ending pensions for Congress members is a good place to start cutting the debt and you are right, the Founding Fathers envisioned elected officials as part of a servant class, not the ruling class they have purposefully evolved into out of greed and corruption. This would set a tremendous example for others and start us on a path to getting our house in order.

From BizPac Review:

A Florida Republican wants to cut budgets and Congress down to size with controversial new legislation, the “End Pensions in Congress Act.”

“Pensions for members of Congress represent an inappropriate use of taxpayer money, especially when the idea of a pension in the private sector is fast becoming a relic from a bygone era,” Rep. Ron DeSantis said, according to a statement released in January.

There’s been no word if lawmaker jaws hit the floor when the “End Pensions in Congress Act” was first introduced, but it’s at least getting support. Six House Republicans are co-sponsoring the bill, including Rep. Trey Gowdy R-S.C., the Times reported.

Congressmen and senators are eligible for a pension after five years of service at age 62. Those who’ve served 20 years or more have the luxury of drawing pensions at 50, according to the Congressional Research Service.

The Times reported that 617 retired members currently receive federal pensions with average payments between $42,048 and $71,664 a year.

Rep. Thomas Massie, R-Ky, said any amount of taxpayer-bankrolled pension is too much.

“If congressmen want to save for retirement, they should do so with 401K-type plans, rather than rely on taxpayers to take care of them even after leaving Congress. To tackle out-of-control federal spending, Congress must lead by example,” Massie said.

DeSantis, who authored the proposal, cited the greatest example of all.

“The Founding Fathers envisioned elected officials as part of a servant class, yet Washington has evolved into a ruling class culture,” DeSantis said.

I can just imagine the incredulous looks on the countenances of those in Congress as this was proposed. I’ll bet faces were red and there was droolage. No more free money once leaving those halls of power. They’ll actually have to save for retirement like everyone else (although most can’t even do that, thanks to Obama), or go to (gasp!) work once they leave office – you know, get a real job. I applaud these gentlemen. You have restored a bit of faith in our leaders for me and America today.

~~~~~~~~~

Yeah well, it may have restored your faith in our leaders, but I’ll believe it when I see it put into effect.

It is about stinking time this happened and it is a step in the right direction, but they still have a long way to go to impress me.

It’s not surprising that Trey Gowdy is a sponsor. Reps. Rod Blum (IA-01), Thomas Massie (KY-04), Mick Mulvaney (SC-05) and Reid Ribble (WI-08) are the other original cosponsors.

Click here to read DeSantis’ statement which includes this remark by Massie: “When I took office, I declined a congressional pension because Members of Congress shouldn’t be given special treatment.” 

Maybe, I’m just a little bit impressed. How about you?

~Kathy

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19 Responses to Gowdy Co-Sponsors Bill to End Congress Pensions

  1. Clyde says:

    Too bad this will go NOWHERE with Boehner in charge. The LAST thing repubs need to do is what the democrats ALWAYS engage in, and that is “symbolism over substance”. Count me in with the “I’ll believe it when I see it” crowd.

  2. I.R. Wayright says:

    The democrats will tack on an amendment for bailing out Al Sharpton and exonerating him for any tax issues he has pending. That will kill that bill.

  3. captbogus2 says:

    Great publicity stunt knowing it will never make it past two houses and the oval.

  4. Grouchy says:

    The Senate will kill it, deader’n a doornail. Reid will make DAMN sure of that.

    But at least there are a few hearts and ethics in the right place!~!

  5. CW says:

    I think it’s great news. Most likely it will go nowhere but you can’t make any progress against big gov’t if you don’t even try. Everyone will be on record casting a vote, yea or nay.

    Funny how it’s Democrats that love to talk about politicians as if they’re doing something noble and charitable by their “service,” and yet this bill (from what I can tell) is co-sponsored entirely by Republicans. $42K – $72K for a minimum 5 year’s “service” is far more than the average person receives for work in the private sector and unlike the private sector we shouldn’t be rewarding people for hogging a seat in congress for decades.

    • Kathy says:

      Hogging a seat in Congress wouldn’t be so bad, if they actually kept listening to us, assuming they ever started, that is. Part of the problem is their short memories and letting the DCitis take over their decision making.

    • upaces88 says:

      They meet so many wealthy people while in office that set them up for life.
      AFTER they are out of office, they are millionaires!!!

      They don’t need OUR Tax $. That is PURE UNADULTERATED GREED!

  6. Garnet92 says:

    Although I wouldn’t bet on this bill ever becoming law, it would be a step in the direction of Congress following the same rules as us “po folk” in the cheap seats. It would be nice, but it wouldn’t impact their net worth when they leave Congress much anyway – most of their assets will have been created by the “insider” information they gain by being members.

    All you have to do is look at the increase in net worth of most members during their “service.” It is usually a LOT greater than their salary and benefits could possibly yield – where does that increase come from? “Investments” in start-ups, real estate deals, etc. Harry Reid and Diane Feinstein could care less about losing $40,000 to $70,000 a year – that’s chicken feed – chump change.

    • Kathy says:

      What impressed me was that all these guys made statements similar to that of DeSantis, on being more like regular Americans. We have at least a few guys that don’t see themselves as above the rest of us. That won’t get the bill passed, but it’s refreshing to see anyway.

  7. Bullright says:

    Happy – happy dance. Yea, imagine their drooling faces. Like, “that’s the main reason I’m here!!!” As you say, seeing is believing….or just ear candy?

  8. Terry says:

    I say, if they haven’t acquired enough fortune to be able to live w/o a pension, they have been dealing with the wrong lobbyists..

  9. Judy says:

    If this passes who needs legislation for term limits? How many of these bozos do you think will hang around if they are not getting their cushy pensions? Buh, bye career politicians. This could show us those that truly are public servants. They can talk the talk, will they walk the walk?

    • Judy says:

      Just thought of something else. Remember how the lovely Princess Diana was known as “The Peoples’ Princess” after her untimely passing? Well, the Republicans have the chance here to show the sheeple that they are “The Peoples’ Politicians”. Like that will happen.

    • Kathy says:

      Good thinking, Judy, that’s something we hadn’t thought about, but you could sure be right about that. What a great side benefit, should the bill actually pass.

      The thing we have to consider though, like IR said, is for the Dems to throw something in there that gets it shot down, so that they can say ‘oh well, we tried, if it hadn’t been for those dirty dems..’ Hopefully this stays out there so we can keep up with it. Time will tell.