Related News

Signage ahead of the Nvidia Live event at CES 2026 in Las Vegas, Nevada, US, on Monday, Jan. 5, 2026. Bridget Bennett | Bloomberg | Getty Images Nvidia director Persis

Databricks co-founder and CEO Ali Ghodsi. Databricks Data analytics software company Databricks has landed $1.8 billion in fresh debt, a person familiar with the matter told CNBC. Databricks now sits

The Intel logo is visible at the India Mobile Congress 2025 in Delhi, India, on October 11, 2025. Kabir Jhangiani | Nurphoto | Getty Images Intel shares plunged 14% Friday

Nvidia founder and CEO Jensen Huang (R) speaks next to BlackRock chairman and WEF co-chairman Larry Fink during the World Economic Forum (WEF) annual meeting in Davos on January 21,

What looks invisible to the naked eye is now easy to spot. A portable medical device developed by Chinese firm Vivolight has gone viral after a short demo clip was

The TikTok USDS (U.S. Data Security) logo appears on a smartphone screen in this illustration photo in Reno, United States, on Dec. 19, 2025. Jaque Silva | Nurphoto | Getty

Trending News

In today’s digital age, the opportunity to make money online without any initial investment is more accessible than ever before. Whether you’re a student looking to earn some pocket money,

In today’s digital world, make money online has become a dream many want to turn into reality. Whether you’re looking for a side hustle or aiming to build a full-time

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

Musk Suggests More Salary For US Congress Members To Discourage Corruption

Word Count: 362 | Estimated Reading Time: 2 minutes




Washington:

Elon Musk, the billionaire appointed by President Donald Trump to slash the size of the US government, suggested Thursday that members of the US Congress should get salary increases as a way to discourage corruption.

Although the tech billionaire is officially only an advisor, Trump has bestowed him with enormous power to cut federal spending and bureaucracy, as part of his so-called Department of Government Efficiency (DOGE).

“It might make sense to increase compensation for Congress and senior government employees to reduce the forcing function for corruption, as the latter might be as much as 1000 times more expensive to the public,” Musk posted on his social media platform X.

Lawmakers in both parties are typically wary of the optics of large pay rises but acknowledge that competitive salaries are the best way of ensuring that the less well-off can serve.

The first draft of a short-term government funding bill that Musk helped defeat in December would have allowed for a modest salary increase by reenacting an automatic cost-of-living adjustment for lawmakers.

Congress has been blocking the adjustments every year since 2009.

But Musk argued against the provision, claiming falsely that it would mean a lavish 40 percent rise, and it was removed from the package.

The real increase for members of both chambers would have been about $6,600, or 3.8 percent.

Their $174,000 annual salary has been frozen for 15 years but is still far more than the average household income.

Musk, the world’s richest person, spoke about the controversial DOGE program at Trump’s first cabinet meeting Wednesday.

“If we don’t do this, America will go bankrupt,” the tech tycoon said, adding that he was “taking a lot of flak, and getting a lot of death threats.”

One-third of his DOGE staff resigned in protest on Tuesday after he engineered a mass email to the federal government’s two million workers, ordering them to justify their work or risk being fired.

Cabinet members have voiced frustration over the DOGE emails, according to US media, but Trump insisted that his team was “thrilled” with Musk

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)




Source link

Most Popular Articles