HolyCoast: Should These Bonuses Get a 90% Tax Too?
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Tuesday, March 24, 2009

Should These Bonuses Get a 90% Tax Too?

Don Surber and Sen. Tom Coburn provide a list of bonuses paid for incompetent government activity:

Bloomberg: Federal contractors collected more than $8 billion in unwarranted bonuses for failed or over budget projects

Asbury Park Press: Federal employees received $95.1 million in bonuses in 2007

Washington Post: Fannie Mae to pay four top executives at least $1 million each in bonuses despite suffering $59 billion in losses last year and seeking billions in taxpayer assistance

Washington Times: Postmaster General receives a $135,000 bonus despite the U.S. Postal Service’s expected $6 billion net loss in 2009 that could result in postal rate hikes and may end mail delivery one day a week

AP: Bonuses flow in Defense IG office despite low morale

Des Moines Register: Nursing homes across the U.S. receive more than $312 million in federal bonuses every year despite health-and-safety violations

The Collegian: The Pennsylvania Higher Education Assistance Agency, a lender in the Federal Family Education Loan Program, handed out $6.4 million in bonuses to employees, an amount that could have provided 2,000 more grants to needy students

Denver Post: Federal education bonuses awarded to leaders at some of the lowest-performing Denver schools

Voice of San Diego: San Diego school district misspent more than $3 million in federal funding intended for low-income students on a bonus for employees leaving the school district

AP: At least $1.5 million in public money intended for job-training programs misspent on exorbitant salaries and bonuses

Chattanooga Times-Free Press: Federal electric utility corporation awards contractors $42 million in bonuses despite $90 million budget overruns

Fox News: Senior officials at the Department of Veterans Affairs received $3.8 million in bonus payments despite shortcomings of veterans’ care and their roles in crafting a flawed budget that fell $1 billion short

AP: Nearly all employees under Pentagon’s new performance pay system earned raises plus bonuses

AP: Nearly a quarter of the $810,000 in federal disaster planning funding received by the North Dakota EMS Association misspent on “unallowable or questionable items,” including staff bonuses

Columbus Dispatch: Executive Director of the Ohio Association of Chiefs of Police gave himself $100,000 a year in bonuses from federal homeland security grants

Atlanta Journal-Constitution: Federal Center for Disease Control and Prevention ignores Freedom of Information request regarding its awarding of cash bonuses.


Where's the outrage? Where are the ACORN protesters?

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