What's the effect of the Democrats expanding their control in Congress and taking over the White House? K Street Democrats can command much higher salaries, The New York Times reports.
"A Democratic staff director for an important House or Senate committee might have earned about $130,000 a year on Capitol Hill, and jumped to K Street for an annual salary of about $250,000. Now, the same person might command as much as $500,000 to $800,000 a year," several recruiters told the Times.
Meanwhile, Republicans on K Street are seeing their salary potential drop to half of what they could earn back in 2002 when the GOP controlled both ends of Pennsylvania Avenue.
--Bara Vaida
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