posted on Jan, 3 2013 @ 12:58 AM
Okay, so I have sifted through most of the 'fiscal cliff' bill and pretty much came to the conclusion that they did it again....They just kicked the
can, as it appeared 80% of what I read was just 'strike 2012 and insert 2013' crap.....The reason it took three minutes to read is that there really
isn't much to it....However, I just got to the Misc section, there is an interesting thing I need to research about NDAA. Which I find very odd to
add to a domestically oriented bill, but the point of this thread...
So most of us have seen a couple of threads related to Fed employees getting a pay raise....So what takes precedence? The executive order the POTUS
signed or this:
SEC. 902 NO COST OF LIVING ADJUSTMENT IN PAY OF MEMBERS OF CONGRESS
Notwithstanding any other provision of law, no adjustment shall be made under section 601(a) of the Legislative Reorganization Act of 1946 (2 U.S.C.
31) (relating to cost of living adjustments for Members of Congress) during fiscal year 2013.
As I understood it, the Pres just lifted the freeze on standard of living increase that Fed employees normally receive, but with this bill it places
an exception on members of Congress....So did they add it on purpose, or literally not have a clue what they were signing and this was thrown in to
prove that point?
The 401k's into Roth accounts might be an interesting topic as well, but I am curious why they 'modified the NDAA' as they did while making that