[Congressional Record Volume 158, Number 17 (Thursday, February 2, 2012)]
[House]
[Pages H381-H382]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
CONGRESS IS NOT A CAREER
The SPEAKER pro tempore. The Chair recognizes the gentleman from
Florida (Mr. Nugent) for 5 minutes.
Mr. NUGENT. Mr. Speaker, we in the House of Representatives need to
start restoring the trust that the American people gave when they
elected us to this office. Last night, 100 Members voted to give
themselves a pay raise. Is that what we're all about? It's not about us
enriching ourselves, because I don't believe that's what our Founding
Fathers thought.
When I first came to Congress last year, I found out that I had an
option to either take the health insurance plan that the Federal
Government offered or to go out on my own and do my own thing. And I
took the option, even though it cost myself and my family over $10,000
more. But then we started to look at options with regards to the
Federal Employee Retirement System that all Members of Congress are
required to be in, and also the Thrift Savings Plan that all Members of
Congress are part of, whether they want to be or not--even though it's
different for the Senate. The House of Representatives back in the
104th Congress decided that they wanted to take that option away. I
think that's wrong. I believe that America is about choices.
I also believe that Congress is not a career. And so when those
Members of Congress don't have an option to remove themselves from the
Federal Employee Retirement System, as I wanted to, or those Members of
Congress that wanted to participate in the Thrift Savings Plan but are
told that you, the taxpayers, are going to give us an additional 5
percent of our salary because you like us so much, I asked if I could
exempt myself from that. And guess what? We were told we couldn't
because those prior to us had made a decision for us now that we
couldn't do that, we couldn't do what we think is right for this body.
Ladies and gentlemen, Mr. Speaker, it is about doing the right thing.
It is about looking back at what our Founding Fathers envisioned for
this country. It's about service to this country, not about enriching
ourselves on the backs of our fellow countrymen.
[[Page H382]]
On the ``60 Minutes'' program we saw the insider trading issue that
has gone across this Congress. It brings to mind that it is about doing
the right thing. And unfortunately, there are those among us that
really believe that it's about enriching ourselves on the backs of
those that we're supposed to serve. There has been a number of bills
put forth in regards to stopping insider trading, and so we have put
forth a bill to do the same thing. It's very simple. It just requires
that Members of Congress, the President, and the Vice President put
their holdings into a qualified blind trust, which means no matter what
information they may have they can't enrich themselves with it because
within 30 days of their taking office, they must put it within a blind
trust. It takes away all the issues in regards to how do you enforce
some of the issues that were talked about in the STOCK Act.
These are noble intentions, but when you make it more difficult to
enforce, what you do is you give people loopholes to get around it and
skirt around the issue. If you put it into a blind trust, it takes away
the ability to skirt around the issue.
Ladies and gentlemen, it's not about creating more loopholes. It's
about making it simpler to do the right thing here in Congress. When we
have the lowest approval rating, I'm shocked. I'm not shocked because
we don't deserve it, I'm shocked because we don't want to do anything
to improve it. As sheriff, I had a 73 percent approval rating. I come
to Congress, and I find out that we're not as respected as we should
be. But it's because of our own hand that we're not. It's nobody else's
fault. Its not the press' fault. It's not anybody's fault. It's what we
do within these Halls. What we do sets the tone for what the American
people believe in or what we are supposed to be providing to the
American people, and that is a level of trust.
So in two things: A bill that was called Congress is Not a Career Act
is sitting out there and also one in regards to blind trusts. Mr.
Speaker, I ask that we think about those issues and move forward.
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