Thursday, October 18, 2012

Senator Tom Coburn's Wastebook 2012 Is Out

The Oklahoma MD that drives "progressives" crazy has just put the latest edition of his annual "Wastebook" on line here. It's a description of some of the worst examples of federal financial folly.
Such as:

 Tax exempt status of professional sports leagues that generate millions. Although dodging taxes in any manner can't be entirely bad.

 SNAP (Supplemental Nutrition Assistance Program) funds used to purchase gourmet coffee at Starbucks, fried chicken at KFC, and pizza at Pizza Hut.

 A failed program to teach Moroccans how to make pottery for just a $27 million investment.

 It costs the government 2.4 cents to produce a penny.

 There's lots more and some of them would be funny if it wasn't so sad.

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