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Elon Musk’s Pushback Halts Effort to Raise Congressional Salaries

By Jake Beardslee · December 25, 2024

A recent attempt to pass a modest pay raise for members of Congress was thwarted, in part, by tech billionaire Elon Musk. The proposed provision in a government funding bill would have increased salaries for rank-and-file members of Congress by $6,600, representing a 3.8% bump on their current $174,000 annual salary.  O.J. / UK Government / Wikimedia

However, this raise was left out of the final bill after Musk voiced strong opposition on his platform, X, claiming it would constitute a 40% increase—a claim that was factually incorrect.  @elonmusk / X

Lawmakers’ salaries have remained static since 2009, effectively decreasing by over 30% when adjusted for inflation. This stagnation has fueled concerns from both Democrats and Republicans that serving in Congress is becoming financially untenable for individuals without substantial personal wealth.  Kendall Hoopes / Wikimedia

“If we’re not careful, you’re only going to get the individuals that are millionaires-plus that’s able to serve in Congress,” warned Sen. Markwayne Mullin, a Republican from Oklahoma. He emphasized that Congress is intended to represent a cross-section of society, not just the wealthy.  United States Senate / Wikimedia

The demands of congressional life, including maintaining residences in both Washington, D.C., and lawmakers’ home districts, add to the financial strain. Some members resort to sleeping in their offices due to the high costs. Experts argue that better compensation could also deter members from leaving public service for more lucrative lobbying positions.  Kaboompics.com / Pexels

Financial disclosures also reveal that eight senators earned over $100,000 in book royalties in 2023, supplementing their congressional income, according to Business Insider. These royalties came from a mix of personal memoirs, political manifestos, and policy guides, demonstrating that writing remains a profitable avenue for members with national profiles.  O.J. / Wikimedia

While the proposed pay raise aimed to address inequities and bolster accessibility to public office, its omission highlights the enduring tension between optics and governance in congressional policymaking.  Pixabay / Pexels