When Congress decides to create a compromise bill for sweeping legislation such as the National Defense Authorization Act, it stands to reason that some items will be left on the cutting room floor. But apparently a proclamation calling for a moment of silence for veterans on Veterans Day did not make it in to the final version of the bill, which passed the House Dec.4. The original version of the bill that the House passed May required the president to issue a proclamation each year calling for two minutes of silence on Veterans Day. The Senate version of the NDAA did not…
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A cap on how much contractors can charge the government for their top execs would be extended to all defense contract employees as part of the agreement reached by House and Senate leaders for the 2012 National Defense Authorization Act. Currently, contractors can seek reimbursement for the compensation — wages, salary, bonuses and deferred compensation — of each of the company’s top five executives. Legislation now proposed for the 2012 NDAA would extend that cap, which is now at $693,951, to all employees that work on a contract or are included in the overhead costs of a contract. The Defense Department could…