In Tip-Top Shape

While Congress attempts to tiptoe around the issue of federal raises, its most prominent pensioner has left the constraints of a Government salary far behind. Tip O'Neill in retirement is Tip O'Neill in clover. Had he stayed on as Speaker of the House, O'Neill, 74, would be earning $100,800. In retirement, he stands to rake in as much as $400,000 this year.

To supplement his $83,000 federal pension, O'Neill recently signed a contract to deliver six speeches a year at $20,000 each. He has a $1.5 million deal with Random House for his autobiography, which is due out this fall. He...

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