Thursday, November 12, 2009 11:31 AM
Earmarks Cash Flow Lifts Massachusetts Firms
The Boston Globe takes a look at the $30 million in earmarks secured by members of the Massachusetts delegation and what that money is buying. The earmarks are included in the 2010 defense appropriations bill which is pending in Congress.
Here's a key graph:
The phenomenon carries clear rewards for local companies as well as lobbyists and politicians: In Massachusetts, nearly 40 percent of the defense earmarks are slated to go to companies whose top executives contributed to the sponsor's campaigns, hired former lawmakers or congressional aides to lobby on their behalf, or both.
Among the lobbyists involved in securing the earmarks were Bill McCann, a former aide to former Rep. Marty Meehan, D-Mass. and Steven A. Wolfe, a former aide to the late Sen. Edward Kennedy, D-Mass., David Urban, a former aide to Sen. Arlen Specter, D-Pa. and Michael Barbera, a former aide to Rep. Curt Weldon, R-Pa., the story says.

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