The $787 billion economic stimulus that President Barack Obama and the Democrat controlled Congress put in place was criticized earlier this week by Republican Sens. John McCain and Tom Coburn for having at least 100 wasteful projects.
Even though the Congressional Budget Office estimates the stimulus helped to create 1.6 million jobs, the two lawmakers said that at least $7 billion of the $217 billion already spent was either wasted and mismanaged.
Among the projects McCain and Coburn singled out as a poor use of taxpayer funds was a $390,000 State University of New York at Buffalo study of young adults who drink malt liquor and smoke marijuana, and a $219,000 study by the National Institutes of Health looking into whether female college students are more likely to have sex after drinking.
No comments:
Post a Comment