Just Shoot Me!

It looks like executive pay caps in the stimulus will be dropped because the so-called fiscal hawks think that they will cost too much:

Unfortunately, [Representative Brad] Sherman told me that he believes the executive compensation limits added to the Senate's stimulus are going to get removed during conference talks with the House. The reason: a new Congressional Budget Office estimate that the pay caps will cost the government $10.8 billion in lost tax revenue over the next 10 years.

"The plan is to take out the executive compensation provisions ... and blame the Republicans for setting out the level [of $800 billion]" for the final version of the stimulus, Sherman said.

Gaah!!!!!!!