Selasa, 18 Oktober 2011

Three Lawmakers Propose Cutting Contractor Wages

Already adverse the anticipation of accident billions of dollars in acquirement from cuts in government spending, federal contractors could aswell see banned on how abundant they can be paid in bacon with federal funds. Several assembly are allurement the appropriate debt-reduction board to accede annoyance the federal accomplishment paid to top advisers of government contractors to accomplish them commensurable with the salaries of federal employees. Currently, the top 5 advisers of a aggregation can be paid up to about $700,000 a year anniversary in salary, bonuses and deferred compensation.In a letter to the associates of the Joint Select Board on Arrears Reduction, Senators Barbara Boxer, Democrat of California, and Charles E. Grassley, Republican of Iowa, proposed blurred the cap to $200,000, and said that reining in the bulk of money contractors can allegation the government for salaries would advice abate the arrears by billions of dollars. In the House, the admeasurement is getting pushed by Representative Paul Tonko, Democrat of New York.

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