Weston Wamp says he'll end congressional pensions and cut corporate tax rates

Monday, February 13, 2012

photo Weston Wamp
Arkansas-Tennessee Live Blog

More than four months into his campaign, Weston Wamp today told a local Republican organization why he's running and what he would do if elected to Congress.

Among his suggested reforms, Wamp said he would propose legislation that would "end congressional pensions projectively into the future."

Asked to clarify after his 24-minute speech, Wamp told the Times Free Press that the pension legislation only would affect people elected in 2012 and subsequent elections.

Pensions for sitting members of Congress - anyone elected in 2010 or before that - would not be affected, he said.

Wamp also said he would cut corporate tax rates and reduce the size of the federal government by 5 percent.

He said he would propose legislation that would withhold paychecks for members of Congress until a budget is passed, something the Senate hasn't done in more than 1,000 days.

"I guarantee we'll get a budget on time every single year," he said.

Wamp spoke at the Hamilton County Pachyderm Club's weekly meeting.

For complete details, see tomorrow's Times Free Press