Wednesday, November 28, 2012

Risk of cronyism, corruption in fiscal cliff negotiations

Some see a danger of political cronyism and corruption arising from a back room deal as Congress negotiates with the White House to avoid the fiscal cliff.
“With any lame duck deal, you have a much higher risk of more spending and favorable tax credits, deductions preserving some for special interest groups,” said Romina Boccia, a domestic and economic policy expert at the Heritage Foundation.
Sen. Jim DeMint (R., S.C.) issued a report last week outlining the dangers of a lame duck session.

Read more: http://freebeacon.com/the-crony-cliff/

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