Political Quotes

“Madam President, 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.…”