As of 2012, Sen. Kay Hagan (D., N.C.) was the ninth-wealthiest member of the Senate, with an estimated net worth of $24 million. Much of that is tied to her husband, Chip, who is a partner at a Greensboro law firm and holds investments in a number of businesses. One of those businesses is JDC Manufacturing, which he co-owns with his two brothers.
THE POLITICO reports that JDC Manufacturing received almost $400,000 in federal grants and tax credits for green energy projects as part of the 2009 stimulus package:
The top watchdog at the Department of Transportation (DOT) announced on Monday that it had terminated an investigation into oversight over improper stimulus payments to DOT contractors.
The Energy Department’s inspector general criticized a Michigan nonprofit on Monday for running afoul of stimulus job reporting requirements by only reporting jobs that were created with stimulus money.
A Chippewa Cree tribe leader, a former state lawmaker, and three others pocketed hundreds of thousands of dollars in federal stimulus aid meant for the Montana tribe, the Associated Press reports.
A University of Puerto Rico researcher received a $667,999 grant as part of President Barack Obama’s 2009 stimulus for a study on an HIV intervention program designed for “young, heterosexual Latino couples.” The project, now listed as “completed” on the Recovery Act website, created 0.00 jobs.
Indiana University received a $423,500 stimulus grant to study the proper use of condoms, reports the Weekly Standard.