Truthmatters
Diamond Member
- May 10, 2007
- 80,182
- 2,272
- 1,283
- Banned
- #1
Mysterious fund allows Congress to spend freely, despite earmark ban - CNN
Under the cloak of a mysteriously-named "Mission Force Enhancement Transfer Fund," Congress has been squirreling away money -- like $9 million for "future undersea capabilities development," $19 million for "Navy ship preliminary design and feasibility studies," and more than $30 million for a "corrosion prevention program."
Roughly $1 billion was quietly transferred from projects listed in the president's defense budget and placed into the "transfer fund." This fund, which wasn't in previous year's defense budgets (when earmarks were permitted), served as a piggy bank from which committee members were able to take money to cover the cost of programs introduced by their amendments.
Under the cloak of a mysteriously-named "Mission Force Enhancement Transfer Fund," Congress has been squirreling away money -- like $9 million for "future undersea capabilities development," $19 million for "Navy ship preliminary design and feasibility studies," and more than $30 million for a "corrosion prevention program."
Roughly $1 billion was quietly transferred from projects listed in the president's defense budget and placed into the "transfer fund." This fund, which wasn't in previous year's defense budgets (when earmarks were permitted), served as a piggy bank from which committee members were able to take money to cover the cost of programs introduced by their amendments.