About This Video
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Published: Thu, 29 Oct 2009
Description: Tracking Your Taxes: Government still spending on earmarks, projects
Automatically Generated Transcript (may not be 100% accurate)
" A Fox News is tracking your taxes somebody's got -- this after doling out billions in stimulus dollars Washington is set to hand out more. Hadn't heard about this one is the 30 energy and water bill. And includes millions and millions of dollars more for special projects in any earmarks -- before congress at this time what kind of projects you back. Unlike NASA's live with more from Los Angeles away legend there."
" Family incomes last year fell by more than 3% but there is no recession in Washington point a look at this full screen. It shows that over the last two years when you add up. The normal appropriations wells was while the emergency supplemental. Plus the stimulus defense spending is up 9% Homeland Security is up 21% State Department 40% but energy and water. A 183%. Critics say there's no way any agency can spend that much new money responsibly. Case -- point. Take a look at this program to whether -- homes of low income homeowners. This is something many people do on their own you caulk your windows whether it's at your door. You may -- at some insulation in your attic some people can do it on a weekend for a few hundred dollars but the fans are paying. Licensed bonded contractors using labor paid union scale up to 10000. Dollars to do this the purpose is to lower electric bills by. Maybe 300 dollars a year. Many of these people already get subsidized energy bills but nevertheless the -- at that -- it's gonna take twenty years or more to payback. The investment for taxpayers'. Out of that's incredible quickly William what is the outrageous earmarks cut into this energy bill. We know a lot of this money that's being doled out in the energy water bill it is being bad -- Put out there not based on merit but political considerations take a look at this full screen. One of these projects is for the national. Basically biofuels we have a national energy renewable energy lab in Colorado other research is biofuels yet we have 29 earmarks you basically the same thing at local colleges. Future gen that's the coal power plant that President Bush killed because it was too expensive while it is that -- a higher price tag even though experts at MIT say they'll be at least twenty years if ever. Before we see that technology. Now DI NASA at the Newark museum there's one point five million for new air conditioner there they don't wanna raise admission rates and finally. There's ten million dollars from the national. Nuclear security administration. Too fond of black colleges even though none of them. Having nuclear program -- Iowa and thanks for keeping track of our tax dollars we appreciate until a plot against him everywhere -- that I had to -- zero OO."
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