Congressman J. Randy Forbes (VA-04) announced that he has introduced the Congressional Accountability Pay (CAP) Act, (H.R. 284) to break Congress' spending addiction by tying the salaries of Members of Congress to growth in government spending. The bill would constitute a decrease in the rate of pay for each Member of Congress by a specified percentage, if outlays for any fiscal year are greater than outlays for the preceding fiscal year. This means if spending increased by 7%, Members' salaries would be cut by 7% the following year.
"Congress has a tremendous amount of work to do to return America to a firm fiscal footing. The CAP Act is designed to insert personal accountability of Members of Congress into the budget process to move us in the right direction," Forbes said. "I believe in the simple truth that we should not spend what we do not have, and we must make it a priority to put our nation back on a path of fiscal prosperity. As public servants, we have a lot of work to do to bring down our national debt and reduce deficit spending," said Forbes, who has worked for years to reduce government spending and advocate for a balanced budget.
Cap Act Summary:
The bill would reduce pay for Members of Congress proportionally to the percentage increase in Government spending over the previous year.
The CAP Act would make Congress personally accountable for reining in Government spending.
Click here to read the full text of H.R. 284.
Congressman Forbes most recently brought the Congressional Accountability Pay (CAP) Act before Congress in October, 2011 during the 112th Congress. The bill, which was originally named by a constituent of Virginia's Fourth District, was introduced in the 111th Congress. The CAP Act addresses rising government spending by ensuring that Members of Congress are held accountable for their fiscal decisions through a direct impact on their own paychecks. This legislation is expected to be referred to both the Committee on House Administration and the Committee on Oversight and Government Reform. Congressman Forbes has consistently voted against automatic pay raises for Members of Congress.