Sen. Chris Dodd (D-CT) says he is outraged that financial companies that were shored up by taxpayer money are now paying their employees big bucks in compensation and benefits.

Dodd says companies need to understand that what they are doing is an outrage. Dodd says the government should look into taking action to get those companies to reconsider bonuses.

Goldman Sachs said last week it has set aside $16.7 billion for compensation so far this year.