Agorism
05-12-2012, 08:31 AM
Will Cutting Retirement Funds Stop Lobbying By Former Members Of Congress?
http://irregulartimes.com/index.php/archives/2012/05/12/will-cutting-retirement-funds-stop-lobbying-by-former-members-of-congress
Yesterday, U.S. Representative Steve Israel introduced H.R. 5737, legislation that would remove federal retirement benefits for any “former Member of Congress receiving compensation as a highly-paid lobbyist”. Many former members of Congress, such as Newt Gingrich, make a killing using their connections as lobbyists to help corporate clients get special access, so that laws may be written in a way that’s profitable to them.
Reading this bill, I have two questions:
1. What if former members of Congress become lobbyists but are not highly paid?
2. Would H.R. 5737 stop retired members of Congress from becoming lobbyists?
http://irregulartimes.com/index.php/archives/2012/05/12/will-cutting-retirement-funds-stop-lobbying-by-former-members-of-congress
Yesterday, U.S. Representative Steve Israel introduced H.R. 5737, legislation that would remove federal retirement benefits for any “former Member of Congress receiving compensation as a highly-paid lobbyist”. Many former members of Congress, such as Newt Gingrich, make a killing using their connections as lobbyists to help corporate clients get special access, so that laws may be written in a way that’s profitable to them.
Reading this bill, I have two questions:
1. What if former members of Congress become lobbyists but are not highly paid?
2. Would H.R. 5737 stop retired members of Congress from becoming lobbyists?