Obama Renews Call For Contractor Pay Cap

Law360, New York (January 31, 2012, 6:03 PM EST) -- The Obama administration on Tuesday dusted off a proposal to cap the amount that the U.S. pays for its contractors' executive salaries, calling on Congress to limit the government's contribution to $200,000 for each of the top five executives at a company.

President Barack Obama included a contractor pay cap in his September 2011 deficit reduction plan, and was supported by some members of Congress, including Sens. Chuck Grassley, R-Iowa, and Barbara Boxer, D-Calif. But Congress imposed only limited measures to restrain contractor pay in a...
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