Wednesday, October 15, 2014

More Democrat Sleeze

From Carolina JDC Manufacturing, a company co-owned by Democratic U.S. Sen. Kay Hagan’s husband Charles “Chip” Hagan, lowered the total cost of a 2010 stimulus-funded energy project but kept all of the savings, sending none back to taxpayers who had funded the stimulus grant.
The company’s original application stated the total project would cost $438,627, and said JDC would contribute “leveraged funds” amounting to $187,983, or 43 percent of the total. As the project reached completion, however, JDC revised the total budget downward by $114,519 and applied all the savings to its share, keeping all the taxpayer funding....

By reducing its spending on the project by $114,519, JDC contributed only $73,464 — or 23 percent of the total project cost, instead of the 43 percent contribution it offered in the original grant application. Though the cost of the project dropped, CDC still received the entire $250,644 in federal grant money.\
And, oh by the way, the former mayor of Charlotte, North Carolina was sentenced to 44 months in prison today for accepting bribes, after serving just over 100 days in office.
Yep, the Democrat sleaze continues under Obama.

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