H.R. 1012 (112th): Savings Start With Us Act of 2011

112th Congress, 2011–2013. Text as of Mar 10, 2011 (Introduced).

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I

112th CONGRESS

1st Session

H. R. 1012

IN THE HOUSE OF REPRESENTATIVES

March 10, 2011

introduced the following bill; which was referred to the Committee on Oversight and Government Reform, and in addition to the Committee on House Administration, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned

A BILL

To provide for a 10-percent reduction in pay for Members of Congress, the President, and the Vice President.

1.

Short title; findings

(a)

Short Title

This Act may be cited as the Savings Start With Us Act of 2011.

(b)

Findings

Congress finds the following:

(1)

It is important to bring the Nation’s spending under control and balance the budget.

(2)

Taxpayers all over the Nation are making do with less money.

(3)

Congress has asked Federal agencies to make major cuts to their budgets.

(4)

Members of Congress must do their share to cut spending and reduce their salaries.

2.

Reduction in pay for Members of Congress

(a)

Reduction

Notwithstanding any other provision of law, the annual rate of pay for each Member of Congress shall be equal to—

(1)

for pay periods occurring during 2013, the applicable rate in effect for pay periods occurring during 2011 reduced by 10 percent, rounded to the nearest multiple of $100 (or, if midway between multiples of $100, to the next higher multiple of $100); and

(2)

for subsequent pay periods, the applicable rate during 2013, subject to adjustment under paragraph (2) of section 601(a) of the Legislative Reorganization Act of 1946 (2 U.S.C. 31(2)).

(b)

Member of Congress defined

For purposes of this Act, the term Member of Congress means an individual serving in a position under subparagraph (A), (B), or (C) of section 601(a) of the Legislative Reorganization Act of 1946 (2 U.S.C. 31).

3.

Reduction in pay for President and Vice President

(a)

President

(1)

Reduction

Section 102 of title 3, United States Code, is amended by striking $400,000 and inserting $360,000.

(2)

Effective date

The amendment made by paragraph (1) shall apply to pay periods beginning on or after January 1, 2013.

(b)

Vice President

Notwithstanding any other provision of law, the per annum rate of salary for the Vice President of the United States shall be equal to—

(1)

for pay periods occurring during 2013, the applicable rate in effect for pay periods occurring during 2011 reduced by 10 percent, rounded to the nearest multiple of $100 (or, if midway between multiples of $100, to the next higher multiple of $100); and

(2)

for subsequent pay periods, the applicable rate during 2013, subject to adjustment under section 104(a) of title 3, United States Code.