Politics | Rick Perry 2012 Perry: Cut Congress Salaries in Half He also wants Supreme Court term limits as part of overhaul plan By John Johnson Posted Nov 15, 2011 12:12 PM CST Copied Texas Gov. Rick Perry waits to speak in Bettendorf, Iowa, on Monday. (AP Photo/Charlie Neibergall) Rick Perry unveiled his plan to "uproot and overhaul" DC today during a speech in Iowa in which he played up the "Washington outsider" theme. Highlights from AP, Politico, and USA Today: Create a "citizen" Congress by cutting the $174,000 salary in half and allowing representatives to have other jobs; salaries would get halved again if the budget is not balanced by 2020 Cut the president's $400,000 salary in half until the budget is balanced Institute 18-year term limits for new Supreme Court justices and federal judges; no more lifetime appointments Freeze and review all federal regulations put in place by President Obama since 2008 Eliminate the Departments of Commerce, Education, and, yes, Energy; privatize Homeland Security; and restructure the EPA Require that any tax increase get a two-thirds majority vote in Congress Jail any congressman or senator who profits in the stock market from insider knowledge Read These Next White House rolls with Trump's 'daddy' nickname. New Fox star, 23, misses first day after car troubles. Supreme Court ruling is a big blow to Planned Parenthood. Man accused of killing his daughters might be dead. Report an error