Political Quotes

“Mr. President, I ask unanimous consent that reading of the amendment be dispensed with. The PRESIDING OFFICER. Without objection, it is so ordered. The amendment is as follows: (Purpose: To appropriately limit the compensation of executives of the Postal Service) At the appropriate place, insert the following: SEC. ___. EXECUTIVE COMPENSATION. (a) Limit on Maximum Compensation.-- (1) Number of executives.--Section 3686(c) of title 39, United States Code, is amended in the first sentence by striking ``12 officers'' and inserting ``6 officers''. (2) Interim limitation.-- (A) In general.--Except as provided in subparagraph (B), and notwithstanding section 3686(c) of title 39, United States Code, as amended by this Act, for 2012, 2013, 2014, and 2015, the total compensation of an officer or employee of the Postal Service may not exceed the annual amount of basic pay payable for level I of the Executive Schedule under section 5312 of title 5. (B) Performance based compensation relating to solvency plan.-- (i) In general.--Any compensation relating to achieving the goals established under the plan under section 401 shall not apply toward the limit on compensation under subparagraph (A). (ii) Other limitations apply.--Nothing in this subparagraph shall be construed to modify the limitation on compensation under subsections (b) and (c) of section 3686 of title 39, United States Code, as amended by this Act.…”