Knesset Speaker Reuven Rivlin promises to tighten regulation on the work of the lobbyists at the Knesset after the election.
Most of the political parties say they favor hikes, but Likud-Yisrael Beiteinu says it's not sure any increases are needed to close the budget gap.
Salaries tied to CPI should rise by about 1.4%, wages tied to average wage will rise about 3%.
Central bank figures show property speculators piling into housing market
Committee also approves an across the board cut in government spending of NIS 740 million for 2012.
But unions will fight, and some economists see no need to take them on.
Steps aiming to save public charges of NIS 200m a year stalled by election.
Contrary to conventional wisdom, the problem doesn't stem from erosion of the middle class.
The committee is expected to wrap up its deliberations on Tuesday over the new regulations, which were proposed by the Finance Ministry.
A land incursion in the Gaza Strip would not only add to the costs of material damage and lost production as families are confined to shelters, but also to labor lost to reserve duty.