4 votes

"Wastebook" report singles out $30B in federal spending

http://htmlimg4.scribdassets.com/2sse00f5j438uq71/images/1-2567d6d98b.jpg
One million dollars to build a bus stop in Virginia. Five million for customized crystal stemware. Those are just some of the items paid for by the federal government last year. A new report out Tuesday by a prominent Republican senator, called the "Wastebook," details $30 billion in questionable spending.

The annual, lengthy account features 100 examples of federal costs.

Some of the numbers are staggering, such as the $7 billion worth of U.S. military equipment being destroyed as U.S. troops pull out of Afghanistan, or the nearly $1.5 billion to keep the lights on in unused or underutilized federal buildings.

Then there's spending that just seems silly, such as a nearly $1 million grant for something called the "Popular Romance Project" -- a website and documentary that celebrates romantic movies, books and pop songs.

The list goes on: $2 million to renovate a rarely-visited Civil War grist mill in Virginia, and $3 million for NASA employees to attend seminars on how Congress works.

The "Wastebook" is the work of Sen. Tom Coburn, R-Okla., a longtime deficit hawk. He said to CBS News' Nancy Cordes in a recent interview, "Where was the adult in the room when this was going on? … (The report is) a compilation of about $30 billion of stupidity, incompetence, and waste."

By comparison, the compromise budget Congress struck last week cuts the deficit by just $23 billion over 10 years.
Report Pdf http://www.scribd.com/doc/192039604/Wastebook-2013FINAL
Report Video http://www.cbsnews.com/news/wastebook-report-details-30b-in-...




Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

At least they mentioned the

At least they mentioned the local PD's buying MRAPS as a waste of money.

Southern Agrarian

I only get a few pages into

I only get a few pages into this thing every year before X-ing out in disgust. Wish Coburn would put his money where his mouth is sometimes though...

Southern Agrarian