Feds handed out $370M+ in bonuses

APP reports:

The federal government handed out more than $370 million in employee bonuses last year, with the government’s financial watchdogs receiving some of the heftiest awards.


Bonuses at the Securities and Exchange Commission topped $7.7 million last fiscal year, up from $7.1 million in 2007, according to the SEC. The Federal Deposit Insurance Corp., better known as FDIC, saw a $1.9 million jump in merit pay to $2.4 million last year, according to federal payroll data.

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