From the Heritage Foundation. (H/T ECM)
Excerpt:
Sen. Tom Coburn (R-OK) likes to say that Congressional earmarking has become the gateway drug to federal overspending. Is there any better evidence of this theory then President Barack Obama’s $1 billion earmark for a special project in Illinois that was slipped into his failed $862 billion stimulus? According to Secretary of Energy Steven Chu, the Obama Administration awarded $1 billion on August 5th for a Carbon Capture and Storage Network in Illinois:
Today’s announcement will help ensure the US remains competitive in a carbon constrained economy, creating jobs while reducing greenhouse gas pollution. This investment in the world’s first, commercial-scale, oxy-combustion power plant will help to open up the over $300 billion market for coal unit repowering and position the country as a leader in an important part of the global clean energy economy
This project was an earmark in the stimulus according to a Washington Post story dated March 6, 2009:
Deep inside the economic stimulus package is a $1 billion prize that, in five short words, shows the benefits of being in power in Washington. The funding, for “fossil energy research and development,” is likely to go to a power plant in a small Illinois town, a project whose longtime backers include a group of powerful lawmakers from the state, among them President Obama.
Stimulus seems to be a way of rewarding the people who voted for you with money from the people who didn’t vote for you. At least, that’s the way it is for Obama, apparently.
And of course by “seems to be” you mean “is”.
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I’m trying not to do the hyperbole thing that I always do, you squirrel’s beast-bird.
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My earmark price is a mere $1,000,000. Both ears for $1.5 million.
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