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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Author: albaby1 SILVER
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Number: of 84351 
Subject: Re: New Speaker Has No Bank Accts
Date: 11/01/23 7:45 PM
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What's hilarious here is that you're criticizing him for not being corrupt enough.

No, they're not.

The criticism is essentially that he made material omissions in his financial disclosures. That any grown adult with a job that pays as much as a House Rep (about $174K per year, plus benefits) would have to have a bank account which would need to be disclosed under the House rules.

I mean, the limits are super low for someone in that salary range. It's just $1K. I don't know whether members get paid biweekly or monthly, but his take-home paycheck has to be at least $5K per pay period. How could he not have a bank account that had a balance of $1K - anywhere? I mean, even just a checking account so that he can pay his mortgage and whatnot?

It strains credulity that someone who makes that much to be completely unbanked. Which is the criticism.
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This community has written 84,309 posts about US Policy. The article-length ones it recommended most:
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