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Tuesday, December 29, 2009

Cash for Caulkers Boondoggle in Texas

By now, most of us have heard of the Cash for Caulkers scheme (if not, you can read more about it here).

Turns out, like much of the stimulus cash, these funds are being wasted on mostly administrative costs. The latest example out of Texas has that state spending $2 million to weatherize 7 homes. An average cost of $285,000 per home!

For more, check out this video from Fox News' "Cashin In."

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