The current salary (2011-2012) for rank-and-file members of the House and Senate is $174,000 per year. Senate Leadership Majority Party Leader - $193,400; Minority Party Leader - $193,400. Speaker of the House - $223,500;
Majority Leader - $193,400; Minority Leader - $193,400.
Retired Members of the Armed Forces - Anywhere from $617 per month to $9,324 per month, based on rank and length of service. The $9,325 per month pay is after 30+ years of service! So, let me get this straight. A US Senator or member of Congress can serve one or two terms, retire and STILL make more than a veteran of our Armed Forces? Better yet, the President gets paid about $400,000 while President, which in theory is fine, although still a huge dent in the taxpayer pocket. After term, depending on other offices held, the average income is $180,000. I know where the pay cuts need to be made. And now you do too!