Fri, 05/03/2013 - 11:30am - 12:00pm
"Fix the Debt’ CEOs Enjoy Taxpayer-Subsidized Pay"
Host Kathleen Stephenson speaks with Sarah Anderson of the Institute for Policy Studies about their new report, "Fix the Debt’ CEOs Enjoy Taxpayer-Subsidized Pay."
The report released on May 2nd covers the CEO "performance pay" loophole. The report quantifies just how much taxpayers pay for certain CEOs. For example, Stephen Hemsley, UnitedHealth CEO, got $68 million in CEO pay over a two-year period thanks to the tax bucks paid by everyday Americans. These same CEOs are also with the 'Fix the Debt,' a group calling for austerity measures that will impact the poor, elderly, and others.