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Private companies got $5.6 BILLION in earmarks in 2005

From USA Today:

Congress steered $5.6 billion to private companies in 2005 -- more than state and local governments combined -- through its power to add special-interest items to spending bills, a new government database shows.

The database, completed by the White House Office of Management and Budget this month, identifies nearly 15,000 earmarks totaling almost $19 billion.

About $37 million of that money went to companies tied to the bribery scandal of former Rep. Duke Cunningham (R-CA), who is now serving eight years in prison.  Another earmark is the $18 million defense contract Rep. John Doolittle (R-CA) inserted for defense contractor PerfectWave, whose owner, Brent Wilkes, has pleaded innocent to federal charges of bribing Cunningham.

Can I repeat that amount?  $5.6 BILLION!  That's such an immense amount of money, it's no wonder a large chunk of it was misappropriated - either accidentally or on purpose - or misrepresented or outright stolen.


Tags: Earmarks, Ethics in Government, Government Accountability, Duke Cunningham, Brent Wilkes, John Doolittle, pork (all tags)


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And how much would public financing cost?

The estimates are that a voluntary, full public financing program for Congress would cost about $1.4 billion per year.

In other words, for less than a third of what private companies were "earmarked" in '05, we could be offering a clean, fair, viable alternative that takes special interests out of the electoral process.

To me, that sounds like a better way to spend our tax dollars. I guess I must be slow.

by Josh Zaharoff on Fri Apr 27, 2007 at 02:09:40 PM EST


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