Would that be a median salary of their state or the country?
“Real median household income was $74,580 in 2022…” FYI ‘Real’ in this context means after adjustment for inflation. Senators and House Representatives are given a $174,000 salary. The percentage difference between $174,000 and $74,580 is approximately 133.4%. In other words, $174,000 is about 133.4% higher than $74,580.
Ultimately, it would be Congress to determine (since they hold the “country’s purse strings,”) how much salary they are paid. The US president has the final say if it passes or doesn’t.
Would that be a median salary of their state or the country?
“Real median household income was $74,580 in 2022…” FYI ‘Real’ in this context means after adjustment for inflation. Senators and House Representatives are given a $174,000 salary. The percentage difference between $174,000 and $74,580 is approximately 133.4%. In other words, $174,000 is about 133.4% higher than $74,580.
Ultimately, it would be Congress to determine (since they hold the “country’s purse strings,”) how much salary they are paid. The US president has the final say if it passes or doesn’t.