Accountability for Congressional Pay Act
A BILL
To reduce the pay of Members of Congress in any year following a fiscal year for which there was a Federal budget deficit.
Sec. 2 Reduction in pay of Members of Congress in response to budget deficit
“(C)
“(i) If, as determined by the Director of the Office of Management and Budget, total budget outlays of the Government for a fiscal year exceed total revenues of the Government for such fiscal year—
“(I) for all pay periods occurring during the next calendar year which begins after that fiscal year, each annual rate of pay referred to in paragraph (1) shall be reduced by the percentage by which outlays exceeded revenues for that fiscal year (except that such reduction may not exceed 15 percent); and
“(II) no adjustment may be made under subparagraph (A) in any such rate of pay during that next calendar year.
“(ii) If an individual did not hold a position described in paragraph (1) during a fiscal year for which total budget outlays of the Government exceeded total revenues of the Government (as described in clause (i)), clause (i) shall not apply to the annual rate of pay for such individual during the next calendar year.”