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By ayarrow on July 5th, 2007
The number of “earmarks” – funding for politicians’ pet projects – grew eightfold from 1994 to 2006, with 15,500 earmarks costing $64 billion in 2006. See: Congressional Research Service, “Earmarks in Appropriations Acts: FY 1994, FY 1996, FY 1998, FY 2000, FY 2002, FY 2004, FY 2005,” January 26, 2006, http://www.fas.org/sgp/crs/misc/m012606.pdf; “Bush to Request Billions for Wars,” The Washington Post, February 3, 2007; and George Will, “A Loss’s Silver Lining,” The Washington Post, November 9, 2006. Tags:
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Changing Expectations
»A new report finds the main problem in getting the public to deal with our fiscal problems isn't opposition to tax increases or spending cuts -- it's their lack of trust in the government to spend their money wisely. |
Re: Earmark growth
I was able to look up a selection of 2007 Earmark Requests through the Citizens Against Government Waste (www.cagw.org).
U.S. House http://www.cagw.org/site/PageServer?pagename=EarmarkRequests_2007_House&...
U.S. Senate http://www.cagw.org/site/PageServer?pagename=EarmarkRequests_2007_Senate...
I looked up my U.S. Rep. and sent him an email expressing my own concerns on his list of requests. I also shared them with friends during breakfast at a restaurant!
David Weller
Re: Re: Earmark growth
as i mentioned on the earmarks thread on the Discuss section of this site, this article from the Houston Chronicle "Local GOP on the Hill push own spending wish lists" is a must read. Check it out: http://www.chron.com/disp/story.mpl/front/4935311.html
it really shows how entrenched earmarks are and that requiring a legislator's name to be assigned to each earmark doesn't seemed to have slowed the pork down one bit.
Re: Earmark growth
Politicians must focus on how they are going to solve the economic crisis that our country is facing. Nowadays, Traditional banks loans are slipping. Traditional banks loans have become far less available than before as the credit markets have shrunk dramatically, and bank loans are less a part of the operating budget of many financial institutions. This doesn't decrease the demand for them however, and more people are looking into payday loans as an alternative. Granted, you can't buy a house with them, but if you need a short term credit solution, they work. Better still, there usually is no credit checks involved, and many lenders have an online application or over the phone application if you can't get to a store. Cash advance loans may actually be better, in some ways, than traditional bank loans.
Re: Earmark growth
Currently need to give all focus and concentration on economy recessions, some strong steps required from politicians but as current steps taken and some packages given to the economy to rebuild not found such efficient and effective, we are in wait and watch situations.
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