Democratic Reps. Dave LoebsackDavid (Dave) Wayne LoebsackPelosi to seat Iowa Republican as Democratic challenger contests election results Iowa Democrat who lost by six votes will appeal to House Iowa officials certify Republican Miller-Meeks's 6-vote victory MORE (Iowa) and Brad AshfordJohn (Brad) Bradley AshfordNebraska district could prove pivotal for Biden in November The Hill's Morning Report - Presented by Facebook - First lady casts Trump as fighter for the 'forgotten' House Democrats target Midwestern GOP seats MORE (Neb.) have introduced legislation to cut salaries for members of Congress.

Their bill, titled the Congressional Halt in Pay Increases (CHIP IN) and Cut Congressional Pay Act, would cut member salaries by ten percent and prohibit automatic pay increases.

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Rank-and-file members of Congress currently earn $174,000 annually. Members of leadership earn higher salaries, with the Speaker of the House earning the most at $223,500.

The lawmakers introducing the bill argue that lawmakers shouldn't get pay raises while many of their constituents are still facing low wages.

"I believe that those elected to serve shouldn’t be in it to line their own pockets, which is why it is time to cut Member’s pay and stop the automatic increases that take place," Loebsack said in a statement.

Ashford, a freshman lawmaker, suggested that cutting members' pay could help reduce the deficit.

"With our country facing growing debt crisis this legislation is a good-faith effort from Congress to get our fiscal house in order, and I am proud to support this common sense legislation with my colleague from Iowa," Ashford said.