Wednesday, July 22, 2009

Stimulus Fiasco

Stimulus bill was a wasteful sham that we should have known better about.

http://thehill.com/leading-the-news/usda-760000-lbs.-of-ham-for-1.2m-2009-07-20.html

USDA: 760,000 pounds of ham for $1.2MBy Sam Youngman
Posted: 07/20/09 11:33 AM [ET]

Agriculture Secretary Tom Vilsack pushed back Monday against reports his agency spent $1.2 million in economic stimulus funds on a two-pound ham.Vilsack said the department actually bought 760,000 pounds of ham with funds from the $787 billion stimulus, which the GOP has attacked as wasteful spending.“Press reports suggesting that the Recovery Act spent $1.19 million to buy ‘2 pounds of ham’ are wrong,” Vilsack said in a statement. “In fact, the contract in question purchased 760,000 pounds of ham for $1.191m, at a cost of approximately $1.50 per pound.”

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