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Bessent: Pay Congress what they're worth: minimum wage

The U.S. Capitol Building in Washington, DC. (Oct.

The U.S. Capitol Building in Washington, DC. (Oct. 10, 2013) Credit: Getty Images

We should pay members of Congress the minimum wage. That’s about what the current, do-nothing Congress is worth.

So far this year, the House  of Representatives has been in session 104 days, the Senate 103 days. That’s  about 15 work days a month, most of it spent  blaming the other party for getting nothing done —  for instance, on legislation to raise the minimum wage.

Based on value returned to their employer — which is us — the $7.25 federal minimum wage seems about right.

Generously assume lawmakers worked a full eight  hours each day Congress was in session and  they would have pulled down $58 a day, before taxes.  That’s a considerably less than the  $669.23 a day they actually rake in when their $174,000 yearly salary is prorated over eight hours a day , five days a week and 52 weeks a year.

Many members of Congress are millionaires. They may not need the money. But watching that meager amount trickling into their bank accounts might help them to see the plight of the low-wage workers they represent a bit differently.