Saturday, September 06, 2008

Sarah Palin Earmark Queen Left Wasilla $20 Million In Debt

Crooks and Liars has this new report debunking the idea that Alaska Governor and GOP VP Candidate Sarah Palin is a fiscal reformer and dislikes earmarks.  Indeed, Governor Palin took $20 million in earmarks when she was Mayor of Wasilla, Alaska.  

Here's the rest:

In 2000, Sarah Palin, as mayor of the Alaskan town of Wasilla, hired a Washington lobbyist to secure federal earmarks for her community.
This is not totally atypical in her state. Alaska’s government receives more money per capita in federal earmark money than any other state, despite being the only state in the union with no income tax and no sales tax. They fund their government primarily with petroleum money, and recently distributed oil profits to its citizens in the form of rebate checks.
But even in her heavily earmarked state, Sarah Palin was the earmark queen.
From 2000 to 2003, she secured over $27 million in earmarks, averaging $6.7 million in federal money every year for her town of about 6,700 people. …(read on)
As mayor, Sarah Palin managed to secure a thousand dollars a year per person in her city in earmarks, yet…
When Palin left office in 2002, Wasilla had “racked up nearly $20 million in long-term debt,” or roughly$3,000 of debt per resident. …(more)
Asked in 1996, her first year in office, about her ability to “effectively run” the city, Palin claimed:
“It’s not rocket science,” Palin said, “It’s $6 million and 53 employees.”

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