People ask why do politicians spend so much money to get elected, this is why.
Being good stewards of taxpayer money is one of the biggest
responsibilities of a public official, but Hagan has chosen to pocket
the hard-earned dollars of American taxpayers.
I believe that no politician, including their immediate family, should be able to receive any federal or state money while in office and for 2 years after they leave office.
From a report filed early Saturday by WRAL-TV news,
we have confirmation that a cluster of businesses owned by Democratic U.S. Sen.
Kay Hagan’s husband and other family members collected even more subsidies from
taxpayers than initially reported. While Carolina Journal’s Don Carrington has
highlighted a stimulus grant totaling $250,644 that was paid to JDC
Manufacturing, a real estate business co-owned by Hagan’s husband, Chip, and
his brothers John and David, WRAL confirmed that JDC received an additional
$137,000 in energy tax credits from the project.
Add a second federal renewable energy grant of
$50,000 from the U.S. Department of Agriculture to the ledger, and we learn
that Hagan businesses soaked taxpayers for nearly $450,000 to pay for energy
upgrades installed at JDC’s 300,000-square-foot building in Reidsville.
JDC, a company co-owned by the three Hagan
brothers, applied for and received $250,644 in stimulus dollars to install more
efficient lighting and furnaces and place solar panels at its building. JDC
leases the building to Plastic Revolutions, a recycling company also owned by …
Hagan family members. Once the project was completed, Plastic Revolutions said
it expected to save $100,000 in energy costs annually. That’s a benefit it
would not have received without the upgrades, which were made possible by
federal taxpayers.
Moreover, JDC wound up with a more valuable asset:
a modern, energy-efficient manufacturing facility that would bring a higher
price if it sold, and a more inviting location for potential new tenants. And,
of course, JDC received $137,000 in tax credits — again resulting from the
stimulus grant.
http://www.breitbart.com/Big-Government/2014/10/21/kay-hagan-familys-stimulus-windfall-worse-than-we-thought
