- cross-posted to:
- finance@beehaw.org
- cross-posted to:
- finance@beehaw.org
About 12.4%, some 41 million, of the U.S.'s 333 million people live at or below the poverty line, the Census Bureau calculates, which is set at about $29,678 for a household of two adults and two chidren.
That rate fell to a record low in 2021 thanks to COVID-19 federal support, but has jumped as these programs expired.
Hardline Republicans in the House have rejected a deal the Republican-led House negotiated with U.S. President Joe Biden in May for $1.59 trillion in discretionary spending in fiscal 2024, paving the way for wide swaths of the government to shut down for the fourth time in a decade.
This is constitutionally required as per the 27th Amendment.
The optics are gross, admittedly, but it would literally violate the Constitution to suspend their pay. It also does neuter a potential strategy of a coalition of wealthy Congress critters simply doing nothing as an intentional effort to cut off their opponents’ income and pressure their direct personal finances.
This probably wasn’t a consideration during the drafting of the amendment, but it’s not as if we’re going to be touching the Constitution any time soon, so here we are.