ABC News has a story today that highlights 1st District Rep. Tim Walz for donating part of his congressional salary towards paying down the national debt. According to the story, Walz is one of a handful of congressmen who have chosen to freeze their salaries and donate the rest towards the $1.3 trillion national deficit.
Here's an excerpt:
"Walz chose to keep his salary the same as his predecessor's, Republican incumbent Gil Gutknecht, whom he defeated in 2006. Walz donated approximately $6,588 to the deficit between January and September 2010, according to the House Statement of Disbursement a quarterly public report containing all official receipts and expenditures for members of the House of Representatives.
Reps. Spencer Bachus, R-Ala., and Frank Lobiondo, R-N.Y., also disclosed that they'd donated their congressional pay increases to the debt."
Of course, these donations are just a drop in the bucket when it comes to solving the deficit. The article states that every American's share of the debt is nearly $45,0000. Asked about why does it, Walz responded he discloses his donations in order to be transparent.
"I don't want to sound self righteous on this," Walz said. "I just want to set an example. I'm proud of what I'm doing, but I don't want to be seen as the 'look at me, look at what I'm doing.' The theme for me is the transparency and the openness and doing my part."