"The Constitution never gave you the damn authority of telling anyone what they should make... The Constitution never gave you the authority to blythely come in here and arrogantly set pay for people you don't even know. And, you don't have the guts to come back at me and tell me what you think adequate pay range is."
Neil Cavuto Grilling Rep. Alan Grayson On His Bill to restrict set wages for American workers
Rep. Grayson's amendement on setting bonuses will be voted on today in the US House. The Orlando Sentinel reported:
The U.S. House is expected to vote today on a measure aimed at halting the payout of "unreasonable and excessive" bonuses to employees of financial companies that received federal bailout money.
The bill — a brainchild of U.S. Rep. Alan Grayson, D-Orlando — would let the Treasury Department and financial regulators set standards to avoid a repeat of the outrage over AIG, the insurance giant that paid $165 million in bonuses to executives after it got more than $180 billion in bailout funds.
"We don't want people to get rich off taxpayer funds," Grayson said.
Grayson refused to answer Cavuto's questions on his bill last night on FOX Business Channel. Cavuto lost it. This was GREAT!
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