Despite Sequester, High-Level Federal Executives Slated To Get Bonuses

Washington - An elite group of federal employees is set to receive cash bonuses despite this year’s automatic budget cuts, according to a report that a Senate subcommittee issued Friday.

The report revealed that members of the government’s highly paid Senior Executive Service - who make up less than 1 percent of the federal workforce - had received more than $340 million in bonuses from 2008 through 2011. The bonuses came on top of annual salaries that ranged from $119,000 to $179,000.

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