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Savings Start With Us Act of 2013

H.R. 391 · 113th Congress · Jan 23, 2013 · Lineage

A BILL

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

Section 1 Short title; findings

(a)
Short Title— This Act may be cited as the “Savings Start With Us Act of 2013”.
(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.

Sec. 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 2015, the applicable rate in effect for pay periods occurring during 2013 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 2015, 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).

Sec. 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, 2015.
(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 2015, the applicable rate in effect for pay periods occurring during 2013 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 2015, subject to adjustment under section 104(a) of title 3, United States Code.