Hands In The Cookie Jar

Lawmakers’ Profits Are Scrutinized By Jonathan Weisman, Washington Post Staff Writer

House Speaker J. Dennis Hastert (R-Ill.) made a $2 million profit last year on the sale of land 5 1/2 miles from a highway project that he helped to finance with targeted federal funds.

A Republican House member from California, meanwhile, received nearly double what he paid for a four-acre parcel near an Air Force base after securing $8 million for a planned freeway interchange 16 miles away. And another California GOP congressman obtained funding in last year’s highway bill for street improvements near a planned residential and commercial development that he co-owns. …

[F]or watchdog groups, the cases have opened a fresh avenue for investigation and a new wrinkle in the ongoing controversy over earmarks — home-district projects funded through narrowly written legislative language. …

“The sound bites from politicians have always been that they’re doing what’s best for their districts, but we’re starting to see a pattern that looks like they might be doing what’s best for their pocketbooks,” said Keith Ashdown, vice president of the group Taxpayers for Common Sense. …

“The facts are the facts,” he said, “and the facts are, [Hastert] made a lot of money off this deal, and he was the one who got this earmark.”

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