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Keyword: porkbarrell

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  • Tax bill has lots of breaks for special interests

    12/15/2010 7:56:28 AM PST · by SmithL · 5 replies
    San Francisco Chronicle ^ | 12/15/10 | Carolyn Lochhead, Chronicle Washington Bureau
    Washington - -- The tax compromise expected to pass the Senate today and add $858 billion to the national debt is packed with much more than another year of unemployment benefits and a two-year extension of all the Bush-era tax cuts. It also contains a special-interest bonanza of spending programs disguised as tax breaks, or "tax earmarks," that range from energy and education tax credits to tax-exempt bonds for areas damaged by Hurricane Katrina in 2005. California's Democratic Sens. Dianne Feinstein and Barbara Boxer joined an overwhelming 83-15 vote Monday to move forward on the tax bill, the biggest bipartisan...
  • Boston's $14.8B Big Dig Finally Complete

    12/25/2007 2:28:03 PM PST · by george76 · 57 replies · 416+ views
    Associated Press ^ | Dec. 25, 2007 | STEVE LeBLANC
    When the clock runs out on 2007, Boston will quietly mark the end of one of the most tumultuous eras in the city's history: The Big Dig, the nation's most complex and costliest highway project, will officially come to an end. After a history marked by engineering triumphs, tunnels leaks, epic traffic jams, last year's death of a motorist crushed by falling concrete panels and a price tag that soared from $2.6 billion to a staggering $14.8 billion, there's little appetite for celebration. Civil and criminal cases stemming from the July 2006 tunnel ceiling collapse continue, though on Monday the...
  • A Gazillion Dollars More?

    03/22/2006 10:35:53 PM PST · by bigbear82 · 2 replies · 292+ views
    Cartoons by Sage G. Rafferty ^ | March 22, 2006 | Sage G. Rafferty
    The future of Social Security is indeed going to be a burden on future generations, but what about the national debt? Maybe it's time to start vetoing spending bills full of unnecessary earmarks. See the cartoon: http://cartoons.blog.com
  • Foxx Guards the Amen-House

    10/26/2005 9:00:56 AM PDT · by NCSteve · 9 replies · 421+ views
    Carolina Journal ^ | October 26, 2005 | John Hood
    RALEIGH – During the two heartbreaking weeks after Hurricane Katrina devastated New Orleans and other Gulf Coast communities, Congress passed two separate relief bills totaling $62.3 billion. Supporters portrayed the aid packages as emergency measures and desperately needed. But six weeks later, according to media reports, the federal government has spent or contracted to spend only about a quarter of the money, or $16.2 billion. Louisiana Gov. Kathleen Blanco expressed disappointment with the relatively slow spending pace, but other politicians and observers – including members of Congress – have registered their satisfaction that careful analysis and bidding procedures have preceded...
  • Transportation (In) Equity Act: A Legacy for Losers (Taxpayers)

    07/30/2005 7:41:58 AM PDT · by Founding Father · 6 replies · 388+ views
    Citizens Against Government Waste ^ | July 28, 2005 | Matt Bandyk and Josh Johnson
    After four years of debate, Congress is close to passing the Transportation Equity Act: A Legacy for Users (TEA-LU), commonly referred to as the highway bill. The House version of TEA-LU, in particular, contained egregious examples of excessive spending of taxpayer money on unnecessary highway projects. The House highway bill matched the president’s spending limit of $284 billion, but includes 3,700 special interest projects costing $12 billion; the Senate’s version went over the president’s limit by $11 billion, totaling $295 billion. The final bill spends at a level of $286.4 billion. History of the Gas Tax and the Federal Role...