Thursday, February 26, 2009

Budget Makes Room for Some Obscure Pet Programs

The Wall Street Journal reports:
Inside a $3.6 trillion budget released Thursday dominated by marquee projects like health care and education, President Barack Obama still found room to ask Congress to fund smaller pet programs as well.

Having sought the presidency on a call for volunteerism, Mr. Obama is seeking an unspecified amount of money to set up a new "Social Innovation Fund" to finance not-for-profit groups active in health, education, the environment and other areas.

"It's a venture-capital fund to invest in the next generation of great ideas, and the next generation of social entrepreneurs," said Alan Solomont, an Obama campaign activist who is chairman of the federal Corporation for National Community Service.

Mr. Obama asked Congress for a 30% funding increase -- to $1.13 billion -- for the corporation for the year starting Oct. 1.
The next generation of rent seekers want to steal you blind through majority voting theft in Congress.