Advertisement
Politics

Congressional Pet Projects —Earmarks— Cost Taxpayers $16 Billion in 2023

Advertisement

Advertisement

By Adam Andrzejewski for RealClearInvestigations

In 2021, earmarks returned to Congress. The observe was banned for a decade as a consequence of its tendency to gasoline corruption, however has since been embraced on a bipartisan foundation, resulting in extraordinary spending on 1000’s of pet initiatives throughout the nation. Open the Books mapped $16 billion price of earmarks throughout 7,509 initiatives in FY2023, and located rampant waste and abuse.

Advertisement

Earmarks are particular grants that lawmakers may give on to constituents or organizations of their districts or states. Whereas guidelines have changed slightly for the subsequent fiscal 12 months, in FY 2023, Home members have been allowed 15 earmarks that in whole couldn’t exceed greater than 1% of web discretionary spending. The Senate had the identical 1% cap throughout the board, however no restrict per member.

RELATED: Feds: National Debt Will be Nearly Twice As Large As U.S. Economy in 30 Years

Open the Books discovered broad bipartisanship in doling out earmarks. Of the highest ten earmarkers, seven have been Republicans, and the highest three earmarked $1.66 billion. Republicans out-earmarked their Democrat colleagues in 21 states.

There was loads of waste in FY2023 earmarks, like $5M to the Ozark Empire Fairgrounds, $2M for the Nationwide Nice Blacks in Wax Museum, $1 million for a splashpad in Michigan, and $1 million for the Macadamia Nut Well being Initiative.

Open the Books additionally discovered some surprising conflicts of curiosity in earmarks, together with $30 million earmarked by retiring U.S. Senator Patrick Leahy to the College of Vermont Honors School. In Might, the college renamed the faculty after Leahy.

RELATED: While Maui Burns, Biden Requests $24 Billion for Ukraine and Just $12 Billion in Federal Disaster Aid

Earmarks have been labeled the “forex of corruption” for a motive, and whereas Republicans have claimed to reform the method for the subsequent fiscal 12 months, Congress must go additional and eradicate this wasteful observe solely prefer it did in 2011.

The #WasteOfTheDay is delivered to you by the forensic auditors at OpenTheBooks.com

Syndicated with permission from RealClearWire.

The opinions expressed by contributors and/or content material companions are their very own and don’t essentially replicate the views of The Political Insider.




Source link

Related Articles

Back to top button
Skip to content