Jon Tester: “I ask unanimous consent the reading of the amendment be dispensed with. The PRESIDING OFFICER. Without objection, it is…”

“I ask unanimous consent the 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 pay of Postal Service executives) At the appropriate place, insert the following: SEC. ___. EXECUTIVE COMPENSATION. (a) Limitations on Compensation.--Section 1003 of title 39, United States Code, is amended-- (1) in subsection (a), by striking the last sentence; and (2) by adding at the end the following: ``(e) Limitations on Compensation.-- ``(1) Rates of basic pay.-- ``(A) In general.--Subject to subparagraph (B), an officer or employee of the Postal Service may not be paid at a rate of basic pay that exceeds the rate of basic pay for level II of the Executive Schedule under section 5313 of title 5. ``(B) Very senior executives.--Not more than 6 officers or employees of the Postal Service that are in very senior executive positions, as determined by the Board of Governors, may be paid at a rate of basic pay that does not exceed the rate of basic pay for level I of the Executive Schedule under section 5312 of title 5.…”