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An amendment to the 2012 Defense Authorization Bill would cap taxpayer-funded contractor compensation at $400,000. Under current executive compensation limits set in 1998, contractors can charge up to $693,951 for the salaries of their top five executives.
The proposal by three members of Congress would reduce the amount contractor employees can earn from government work. Currently, the limit is about $694,000 and applies only to companies\' top five executives.
The Senate Judiciary Committee has passed three cybersecurity bills, all dealing with national standards for security breaches involving personal data. But the votes followed party lines making it harder to move them to the full Senate for a vote.
Sen. Chuck Grassley, issuing his second report on the status of the Defense Department\'s inspector general, said there are \"positive trends\" in the office he has previously criticized but he and his staff still give the IGs work a \"D minus.\"
WFED\'s Max Cacas spoke with Sen. Grassley
The Pentagon\'s top watchdog has abandoned efforts to do in-depth audits of defense contracts, leaving billions of dollars in taxpayer money at risk because of overpayments and fraud, according to an investigative report due to be made public Thursday.
Sen. Chuck Grassley (R-IA) has introduced S-657, the \"sunshine in the courtroom\" bill.
The first inauguration Sen. Chuck Grassley observed was the transition from President Gerald Ford’s administration to President Jimmy Carter’s in 1977. In a previous edition of Tracking the Transition, FNR’s Max Cacas talked with veteran…