COMMENTS: Pork Sarcasm Substitutes for Fiscal Facts
Porkbarrel spending is a CBS specialty. Over the last three years CBS, led mostly by Sharyl Attkisson, has filed more reports on boondoggles and earmarks than NBC and ABC combined. So it was no surprise that CBS snapped up the annual Pig Book from the Citizens Against Government Waste. Nancy Cordes sarcastically cited agribusiness subsidies to help potato farmers and catfish breeders, tut-tutting about a "whopping" 9,100 projects and a $1.5tr federal deficit. Unfortunately the connection between that deficit and those barrels of pork rests on innuendo not arithmetic. Earmark spending has declined from $20bn to $16bn in the last year and now accounts for a minuscule 1% of government borrowing.
READER COMMENTS BELOW:
You must be logged in to this website to leave a comment. Please click here to log in so you can participate in the discussion.