July 28, 2000
Congress Gives Colleges a Billion-Dollar Bonanza
Emboldened by budget surplus, lawmakers' earmarks for specific institutions soar by 31%
Pork-barrel spending on academe blew past the billion-dollar mark for the first time ever this year, as a swelling budget surplus emboldened Congress to earmark a record amount of money for projects involving specific colleges.
For the 2000 fiscal year, Congress directed federal agencies to award