The Cost of Rejecting an Earmark Ban
Conn Carroll /
Republican Sens. Bob Bennett (UT), Thad Cochran (MS), Susan Collins (ME), Jim Inhofe (OK), Dick Lugar (IN), Lisa Murkowski (AK), Richard Shelby (AL), and George Voinovich (OH) all just voted against an amendment in the Senate that would have banned Congressional earmarks. This is terrible public policy for their states, for their constituents, and for our country.
Harvard research shows that states that experience an increase in earmark spending suffer from decreases in corporate capital expenditures and employment. Earmarking also robs money from local government transportation priorities to pay for Senator’s vanity projects. And there is a strong correlation between high numbers of earmarks high total spending by Congress. As George Mason University Law School professor David Bernstein explains, earmarks are a key part of a broader system of corruption in Washington: (more…)