Obama Earmarks $1 Billion in Stimulus Money for Company in Illinois
Posted by Brian Darling (Profile)
Friday, August 6th at 10:15AM EDT
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.
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