$2,000,000,000
Contractors have received billions of bonus dollars from government agencies without their work being deemed satisfactory.
Fed money may benefit Russian-backed firm – Washington Times
Senators Lugar and Bayh are sponsoring an earmark for a company to develop Lithium Ion battery technology even thought the company is owned by a wealthy Russian industrialist who has ties to Russian President Dmitry Medvedev.
House Would Sharply Raise Cost of Guam Project – Washington Post
The House Defense Appropriations Bill includes another $10 billion dollars for construction on Guam, double the previous amount, to accommodate the realignment of US forces. Its original cost was $10 billion.
Federal stimulus road signs rile up some taxpayers – Associated Press
The federal government has been spending up to $1,200 each for thousands of signs that read “Putting America to Work,” which critics allege could be spent on actual projects.
Federal Employees Rack Up Big Bills – Parade
A federal credit card system meant to reduce government waste is costing $8 billion a year and has been used for such expenses as laser eye surgery, a first class trip to Hawaii, and $100 million in purchased airline tickets that were never used.
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