Monday, August 10, 2009

Private Jets for Congress

I was reading articles in the Wall Street Journal online about the congress requesting new private jets for $550 million. They are purchasing 8 jets total. The planes are the business version of a 737 and Gulfstream G550s. They are also getting a great deal. The WSJ reports that the cost of a G550 is $49 million. Congress is going to pay $66 million for each plane. The question being asked by the WSJ is why the additional $17 million per plane. As of the writing of the article, they had not received an answer. (http://blogs.wsj.com/wealth/2009/08/10/why-is-congress-paying-66-million-for-a-49-million-jet/)

I checked and it was back in November when congress got on the case of auto maker executives for coming to Washington in private jets. The idea of using private jets was a big no no and several companies sold theirs. No congress is buying them?

Is this another example of do as we say, not as we do?

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