Russ Feingold: “the Feingold-Coburn-Sherrod Brown- McCain-McCaskill amendment rescinds any earmarks that have sat on the shelf at the…”

“the Feingold-Coburn-Sherrod Brown- McCain-McCaskill amendment rescinds any earmarks that have sat on the shelf at the Department of Transportation for more than 10 years without more than 10 percent of it being obligated or spent. It also requires a report by the OMB on how many of these old, unspent earmarks are at all Federal agencies. This would save an estimated $626 million in the first year and more down the road as other unused earmarks hit the 10-year milestone. I know many Senators support transportation spending to create jobs and deal with crumbling infrastructure, as do I. But these unused and often unwanted earmarks do nothing to create jobs and fix roads. The Bush administration supported the amendment, and the Obama administration and Chairwomen Boxer and Murray support the amendment. I hope it is adopted easily.”