Salary cuts have been a major topic throughout our nation during this time of financial crisis.
The discussion is headed by Wall Street executives of bailout companies who raked in a reported $18 billion in bonuses. That incurred the wrath of President Barack Obama, who called it shameful.
Missouri Sen. Claire McCaskill has introduced legislation to hold executive salaries and benefits to no more than the $400,000 salary of the president of the United States. President Obama is suggesting a cap of $500,000.
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