$1B Stimulus for Co. in Obama Home State
The biggest earmark in American history is going to a “green” initiative in Obama’s home state of Illinois.
President Obama is earmarking $1 billion in Stimulus money “to build FutureGen 2.0, a clean coal repowering program and carbon dioxide (CO2) storage network” in his home state of Illinois. …The Department of Energy projects 1,900 jobs as a result of $1,000,000,000 in new spending. This works out to $526,315.79 of your tax dollars spent per job. A half million dollars per job seems to be a bad deal for the taxpayer. Of more concern to the taxpayer, Senator Tom Coburn believes this project to be more about bringing home pork to Illinois than providing stimulus to average Americans.
Stunning, even given the vast hubris of the man that once said:
Absolutely, we need earmark reform. And when I’m president, I will go line by line to make sure that we are not spending money unwisely.
Technorati Tags: Earmarks, Another Broken Obama Promise, Ignoring Small Business, Jobless Recovery and Other Myths, Stimulus and Other Government Lies, Bankrupting America, Declining Jobs in America, Barack Hussein Obama the Dangerous Choice, Obama the Amatuer
