Tuesday, November 30, 2010

Senate Rejects Proposal to Ban Earmarks - CNBC

How disappointing. Not a surprise, but still disappointing. It's not the amount of money that is the issue with earmarks, it's the potential for corruption.

Senate Rejects Proposal to Ban Earmarks - CNBC: "Totaling roughly $16 billion in recent years, earmarks account for less than one half of 1 percent of the federal budget.

But they have factored in a number of corruption scandals and have become a symbol of wasteful spending for many grassroots 'Tea Party' activists who helped Republicans win big in the Nov. 2 elections."

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