Limits days in session to five per month or 60 business days per session.
Halves the salary of Representatives and Senators.
Permits members to have jobs outside of Congress so long as they do not derive their income as a result of the privilege of their office, such as speaking tours, lobbying, consulting, etc.
Allows members to choose benefit plans to reflect their lower salaries and allows them to opt out completely for a private option.
Cuts member office allowances, committee and leadership budgets in half.
Prohibits any grandfathering out of the new salary requirements and benefit packages for current members.
Cuts member salaries an additional 10 percent for every five business days Congress exceeds 60 business days in a session.
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