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ProSense

(116,464 posts)

5. The President also

Fri Feb 14, 2014, 12:00 AM

Feb 2014

lowered and capped federal contractor executive compensation:

Varied views on new contractor-pay cap

By Josh Hicks

Federal worker unions have applauded a new limit on pay for government contractors, but one industry group has warned that the “arbitrary” cap will cause problems for those who do business with federal agencies.

The restriction, which came as part of the new budget deal Congress and President Obama approved last month, reduced the highest level of contractor compensation from its previous annual limit of $952,000 per individual to $487,000 per individual, a drop of nearly 49 percent.

The Professional Services Council, a group that represents the professional- and technical-services industries, said in a statement on Friday that the rule will “inhibit the ability of companies to attract top talent.”

- more -

http://www.washingtonpost.com/blogs/federal-eye/wp/2014/01/03/varied-views-on-new-contractor-pay-cap/

Obama pushes to limit federal spending on corporate executive pay
http://www.democraticunderground.com/10022927167

Thanks.

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I want to thank our President. Doubly. [View all] MannyGoldstein Feb 2014 OP

While the minimum wage ProSense Feb 2014 #1

I will take a moment to kick your post here, ProSense! sheshe2 Feb 2014 #4

The President also ProSense Feb 2014 #5

Well sheshe2 Feb 2014 #7

Excellent: limit federal spending on corporate executive pay dougolat Feb 2014 #21

It was signed into law. See the first article in the comment. n/t ProSense Feb 2014 #24

Manny is awesome. But here's the problem with Manny's gratitude, not that this is isn't a good sabrina 1 Feb 2014 #11

I agree, ProSense is awesome. sheshe2 Feb 2014 #13

Manny is truly awesome. But while I am happy for any crumbs the working class gets sabrina 1 Feb 2014 #15

I agree with you, Sabrina 1, but the President cannot change the tax laws without Congress. JDPriestly Feb 2014 #18

Actually what I said was ProSense is Awesome. sheshe2 Feb 2014 #19

I said Manny was awesome, because he is. There are lots of awesome people on DU, although some are sabrina 1 Feb 2014 #22

What an AWESOME sub-thread. Truly AWESOME in the AWESOME-IST sense of the word. randome Feb 2014 #38

Thanks, sheshe2 ProSense Feb 2014 #26

Well as I said... sheshe2 Feb 2014 #29

Yes, sabrina. Thank for the crumds sheshe2 Feb 2014 #45

And this is why the minimum wage needs to be a livable wage. $10.10 an hr is not a livable wage. sabrina 1 Feb 2014 #46

Well hello! sheshe2 Feb 2014 #48

Make Corporate funding for candidates, POISON. OWS started the conversation about money controlling sabrina 1 Feb 2014 #49

Manny signed the Executive Order? ... 1StrongBlackMan Feb 2014 #42

I have a beef with anyone who thinks that $10.10 an hr is even close to a livable wage. sabrina 1 Feb 2014 #47

That explains the "Manny is Awesome" part of the post ... Yeah, right! .... 1StrongBlackMan Feb 2014 #50

I would have had it on my list of things to get done the minute I was inaugurated, in Jan of 2009. sabrina 1 Feb 2014 #54

Your anger/frustration is missplaced. eom. 1StrongBlackMan Feb 2014 #57

Lol, well there are an awful lot of people whose 'anger/frustration is misplaced'. You haven't sabrina 1 Feb 2014 #58

No problem she, I gave Manny's OP a rec. Autumn Feb 2014 #23

What a great idea Autumn! Rex Feb 2014 #30

Hey Rex. How goes it? I was thinking of posting how Autumn Feb 2014 #32

You're right, Manny is loved by the DU community. Rex Feb 2014 #33

YOU are awesome Rex. Been off for a few days. Had a terrible accident, a Autumn Feb 2014 #35

Yikes! Rex Feb 2014 #36

I haven't gotten that far yet. The only burn was to my Toshiba Autumn Feb 2014 #39

You can turn off that annoying beginning window, they wanted it so desperately Rex Feb 2014 #40

Well good for you Autumn. sheshe2 Feb 2014 #44

Amen to that JustAnotherGen Feb 2014 #51

Transparent POSITIVE intent. sheshe2 Feb 2014 #59

Obama: 'Nobody who works full-time should have to live in poverty Cali_Democrat Feb 2014 #2

$10.10 an hour IS poverty. I have a theory about elected officials. sabrina 1 Feb 2014 #16

He's also working on the spies RobertEarl Feb 2014 #3

You've.... Cali_Democrat Feb 2014 #6

Obama signed it RobertEarl Feb 2014 #17

His hands aren't tied any more fadedrose Feb 2014 #8

I agree it's a start, but how sad it's limited to $10.10. Why not $12 or $14? Who is hurt? nm rhett o rick Feb 2014 #9

but.....THEY claim we never credit him for ANYTHING!!! Skittles Feb 2014 #10

It's a start:) One thumb up! grahamhgreen Feb 2014 #12

that is such good new about the AWD passiveporcupine Feb 2014 #14

+1. jsr Feb 2014 #20

Credit where credit is due, this is a positive step. Bravo Mr. President! TheKentuckian Feb 2014 #25

I am delighted to be able to commend our President on this, bvar22 Feb 2014 #27

Over 600 Economists Sign Letter In Support of $10.10 Minimum Wage ProSense Feb 2014 #28

I don't understand why only 1010 if he's acting unilaterally Doctor_J Feb 2014 #31

Weekly Address: Calling on Congress to Raise the Minimum Wage ProSense Feb 2014 #34

Nice, Manny. "Nobody in our country, nor on our planet, should be locked into poverty because of pampango Feb 2014 #37

I hope he does something for the children rbrnmw Feb 2014 #41

What can Prsident Obama do executively ... 1StrongBlackMan Feb 2014 #43

Fair point JustAnotherGen Feb 2014 #52

I mean ... 1StrongBlackMan Feb 2014 #53

He just one human being JustAnotherGen Feb 2014 #56

This message was self-deleted by its author JustAnotherGen Feb 2014 #55