In light of the federal and states budget crunches, we the taxpayers hereby declare ALL contractors, especially military contractors, be paid no more than the highest paid federal employee, or $500,000 per year, whichever is lower. All employees of said contractors and their subcontractors will receive compensation equivalent to comparable federal positions.
Why is this important?
Executives at corporations, like GE, who manufacture our military equipment are paid millions of dollars in compensation by we the people. It is time to limit their income to what other federal/state employees earn. Certainly, those execs are not working 500% more hours nor are they 500% more qualified than our public employees. It is time to limit what we pay them. If the currently elected officials are going after public-employee compensation, then the next logical step is to cut what we pay these large contractors.
