The Senate voted yesterday to keep its COLA (Cost of Living Act) 2.2% pay increase for next year despite the efforts of Senator Russ Feingold. As the House had also voted to keep the raise, lawmakers' current salary of $154,703 will go up to $158,103 on January 1.
With the $480 billion deficit and increasing costs in the reconstruction of Iraq, the pay raise seems a bit gratuitous . On the other hand, inflation is usually around 2% so the salary increase really isn't much. Federal civilian workers who are getting a 4.1% increase, however, are living it up.
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