On the recordDecember 1, 2011
Senator Levin and Senator McCain, I wish to thank you very much. Before we engage in a colloquy, I simply want to show one chart which tells a story as to why Senator Grassley and I are so pleased the Senators are willing to accept this by voice vote. If I could ask Senator Levin to take a peek at this because I think this tells the story. This is what our military leadership makes, about $200,000. This is what the President of the United States as the Commander in Chief makes every year. This is what we have limited, and that was a reform, the top five defense contractors to--almost $700,000. But all the rest of the contract employees have absolutely no limit and can make $1 million a year. This is from the taxpayers. Senator Grassley and I feel, particularly in these times, but just as a matter of equity, we can fix it. We are very grateful to the two Senators for their willingness. So I would like to enter into a colloquy with Chairman Levin and, of course through him, Ranking Member McCain. I greatly appreciate their willingness to accept the Boxer-Grassley amendment No. 1206 that limits contractor employees' salaries to no more than the salary of the Commander in Chief, who is, of course, the President of the United States.





