"I believe members of Congress should do what other Americans do, purchase their own life insurance," Posey said. "And with so many Americans struggling to make ends meet — mostly because of bad policy coming out of Washington — this taxpayer funded 'gratuity' just adds more insult to injury. It's no wonder Americans have such a low opinion of Congress."

Another co-sponsor, Rep. Virginia FoxxVirginia Ann FoxxJust Do It!: Modernize the Higher Education Act Congress must act before America falls into a student loan debt crisis Union position in SCOTUS case has Thomas Jefferson rolling in his grave MORE (R-N.C.), said if members of Congress want to provide for their families, they will "need to look somewhere other than this taxpayer-funded perk."

The salary for rank-and-file members of the House is $174,000, but those in leadership positions earn more; House Speaker John BoehnerJohn Andrew BoehnerA warning to Ryan’s successor: The Speakership is no cakewalk With Ryan out, let’s blow up the process for selecting the next Speaker Race for Republican Speaker rare chance to unify party for election MORE (R-Ohio) is paid $223,500 a year.

Members of the Senate are paid on a similar scale, although Senate Majority Leader Harry ReidHarry Mason ReidGOP poised to advance rules change to speed up Trump nominees Dems walk tightrope on Pompeo nomination The Memo: Teens rankle the right with gun activism MORE (D-Nev.) is paid $193,400 a year — less than BoehnerJohn Andrew BoehnerA warning to Ryan’s successor: The Speakership is no cakewalk With Ryan out, let’s blow up the process for selecting the next Speaker Race for Republican Speaker rare chance to unify party for election MORE.