Saturday, September 06, 2008

Sarah Palin the ‘Earmark Queen’ of AK Left Wasilla $20 Million in Debt

C&L:

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.

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.

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