July 29, 1991: American Notes:Washington TIME--The Weekly Newsmagazine--1991 July 29, 1991 The World's Sleaziest Bank
Time Magazine NATION, Page 25 American Notes WASHINGTON Wealth by Stealth

The network newscasts were over and deadlines for early editions of the New York Times and Washington Post had passed. The public galleries in the Senate chamber were deserted, and only a couple of reporters lingered in the press room. Surveying the emptiness last Wednesday night, Senator Robert Byrd of West Virginia decided conditions were ideal for the Senate to hand itself a whopping pay raise. As if by magic, 98 of the 100 Senators appeared out of the night to vote, 53 to 45, to raise their annual salaries from $101,900 to $125,100--an increase of nearly 23%.

Their sneakiness notwithstanding, the Senators had a strong case for a pay hike. For one thing, members of the House of Representatives are already paid $125,100 yearly. More important, in exchange for the raise, Senators will no longer accept fees for speaking engagements. But the Senate, too fearful to make those arguments in the spotlight, tried to gain more wealth through stealth.