WHO: Office of Management and Budget
WHAT: OMB just raised the maximum amount companies with government contracts can charge taxpayers to compensate their top executives.
WHY IT’S AN OUTRAGE: Last year’s ceiling was $684,181. Now
it’s $693,951 — per executive. The higher figure is based on the median total compensation of the top five highest-paid executives at publicly traded firms with sales above $50 million.
WHERE TO VENT: Call OMB Director Peter Orzag at 202-395-3080.
