Saturday, March 15, 2008

Earmarks in perspective

It's easy to get exorcised about earmarks. But how big a deal are they, really?

2006 was a banner year historically for earmarks, in dollars and in relation to GDP. $29 billion of our hard-earned federal tax dollars were handed out in earmarks. Yet, $29 billion was less than one-one-hundreth (1/100th) of the federal expenditures in 2006 ($2.6 trillion).

Small potatoes.

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