McCaskill wants to cap salaries of bailout recipients

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If the federal government’s bailing you out, then you’re not going to make more than President Barack Obama. At least if Sen. Claire “Bear” McCaskill has her way. She’s introducing a bill right now — on CSPAN 2: The Deuce! — that would cap pay for employees of private companies taking federal bailout money. Employees couldn’t make more than Obama’s $400,000 salary until their company stopped receiving federal dollars. McCaskill’s people say the salary cap would also include bonuses and stock options.