Congressional Spending (on Itself)
Cato Podcast
Cato Institute
4.5 • 979 Ratings
🗓️ 19 June 2006
⏱️ 5 minutes
🧾️ Download transcript
Summary
Hosted on Acast. See acast.com/privacy for more information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Welcome, I'm Anastasia Glova bringing you the Cato Daily Podcast. |
| 0:04.0 | Full and edited versions of our podcasts are available on our website at |
| 0:08.0 | W. Kato.org |
| 0:11.0 | The House of Representatives voted Tuesday to raise their member's salaries to 168,500, a $3,300 pay |
| 0:19.4 | increase. If it passes in the Senate, the increase will go into effect in January of next year and will mark the seventh straight year in which taxpayers have been very generous employers. |
| 0:30.0 | Director of Government Affairs Brandon Brandon Arnold, offers some thoughts. |
| 0:34.0 | What did Congress do to deserve a pay raise? |
| 0:37.0 | I think in the opinion of probably most Americans very little. |
| 0:41.0 | In fact, Congress's approval ratings right now are in the mid-20s which is pretty |
| 0:45.0 | abysmal. I imagine if you're a lobbyist in DC maybe you've liked some of what the members of |
| 0:49.6 | Congress have done in terms of earmarks and in terms of some of the tax breaks that they've passed for special |
| 0:54.9 | interests. But broadly speaking, there's a very unpopular Iraq war going on right now, as everyone knows. |
| 1:00.0 | There's a lot of pork barrel spending, spending in general is at record levels, and that to |
| 1:05.4 | even mention the ethics scandals that are going on. |
| 1:08.0 | Seems like every other day we hear about another member of Congress being indicted or investigated for some unethical activity. |
| 1:14.8 | It strikes me as odd that lawmakers said their own salaries. |
| 1:17.8 | Is there no performance valuation of any kind? |
| 1:20.4 | The way that business is currently done, the answer to your question is no. There's no performance assessment of any sort. |
| 1:26.8 | Congress is basically policing their own salaries. That's partially based on their |
| 1:30.9 | constitutional role. Constitution says they're in charge of paying out their own salaries. |
| 1:35.9 | Though in the past they've done things, I think, |
| 1:38.1 | a little bit more democratically. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Cato Institute, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Cato Institute and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

