The current salary for a US congressman is around $175,000 dollars. Each Representative represents close to a million people. The average salary of a CEO at a fortune 500 company is 16.7 million dollars.
I propose to raise the salary of Congress to 20 million dollars a year with the provision that they must have term limits. The President will have a salary of 50 million. I base this off of the 400 million dollars Barack Obama accumulated from kickbacks during his 8 years as president.
Here are the reasons:
1) It would be a very small part of the national budget. 10 Billion dollars a year for the salary of Congress is definitely doable.
2) It would make it much harder for a lobbyist to purchase a politician.
3) It would attract much more competition and a higher quality of candidates for the job.
What do you guys think?