A bill to repeal the provisions of law allowing automatic cost-of-living adjustments in the salaries of Members of Congress and certain other legislative, executive and judicial offices and positions.

Amends the Legislative Reorganization Act of 1946 to repeal automatic cost-of-living adjustments for Members of Congress. Abolishes such adjustments for (1) certain executive and judicial employees and officials, (2) the Vice President, and (3) referees in bankruptcy.