On the recordJuly 10, 1997
What this amendment does is lower that cap to $200,000, and in so doing it applies to not just executives but scientists--people who are in demand, who are going to be taken away from high-technology firms and national defense and are going to other places where they can make a lot more money because they are going to be capped under this amendment. This is a bad amendment. It is going to hurt national security. It also hurts small businesses, because those are the businesses that are primarily defense businesses that are not going to have the opportunity to compensate their employees from other sources like commercial entities. I encourage a strong no vote on this.
Source
govinfo.gov




