Obama Earmarks $1 Billion in Stimulus Money for Company in Illinois

Brian Darling
RedState.com
8/6/2010

The biggest earmark in American history has been doled out to a company in Illinois, the President’s home state, in the name of green jobs.  The President’s $862 billion Stimulus plan has been an abysmal failure.  It provided states and localities with billions in bailout moneys, funded wasteful projects like the Monkey cocaine study at Wake Forest and given false hope to Americans that the President has ideas to turn around the economy.  This earmark is an outrage and the signature project of the President’s Stimulus plan.   Thankfully, Senator Tom Coburn (R-OK) is sounding the alarm bells and educating the American people to this new Obama outrage.

President Obama is earmarking $1 billion in Stimulus money “to build FutureGen 2.0, a clean coal repowering program and carbon dioxide (CO2) storage network” in his home state of Illinois.  According to a Department of Energy press release, this billion is being provided to ”FutureGen Alliance, Ameren Energy Resources, Babcock & Wilcox, and Air Liquide Process & Costruction, Inc. to build FutureGen 2.0, a clean coal repowering program and carbon dioxide (CO2) storage network.”  That is right — $1 billion.  This is the largest earmark of money in U.S. history and they are taking money right out of your pocket to pay for it.

The Department of Energy projects 1,900 jobs as a result of $1,000,000,000 in new spending.  This works out to $526,315.79 of your tax dollars spent per job.  A half million dollars per job seems to be a bad deal for the taxpayer. Of more concern to the taxpayer, Senator Tom Coburn believes this project to be more about bringing home pork to Illinois than providing stimulus to average Americans.

The article continues at RedState.com

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