Monday, October 31, 2005

Report: Bush fundraisers got $1.2 billion in public funds

10/30/2005, 2:28 p.m. ET
The Associated Press

TOLEDO, Ohio (AP) — Thirty Ohioans who raised a combined $4.1 million for President Bush's re-election campaign have received more than $1.2 billion in public funds for their companies and clients, a newspaper reported.

Since Bush took office in 2001, the federal government has given those companies more than $447 million in subsidies, contracts and other payments, according to records analyzed by The Blade. Ohio has awarded them about $800 million in the last six years, the paper reported Sunday.

Business leaders and lobbyists who raised money for Bush were called "Pioneers" if they raised at least $100,000 and "Rangers" if they raised $200,000; some also were given political appointments.

One of the fundraisers, coin dealer Tom Noe, was charged Thursday with illegally funneling $45,400 in contributions to Bush's re-election bid. Noe has denied wrongdoing in his fundraising and in his handling of a state investment fund, which prompted an investigation that led to Gov. Bob Taft's conviction on ethics charges

No comments:

Post a Comment