This will also erases over a billion a year in Fed income taxes
By Corey Boles Of DOW JONES NEWSWIRES
Caps on compensation paid to executives at firms receiving taxpayer money under the financial rescue program added to the Senate economic stimulus bill would cost the Treasury around $10.9 billion over the next decade, the Congressional Budget Office said Tuesday.
One cap, introduced last week as an amendment to the stimulus bill by Sen. Claire McCaskill, D-Mo., would cost the federal government nearly $14 billion in lost income-tax revenues by 2019, the nonpartisan CBO said.
Now think about how much your state will lose out in taxes.
And then there's all the lost stimulus to the economy those elites create spending the bonus money.
Another feel good act that will hurt more than it will help the economy and jobs.