Legal graft is one of the key ways to enrich oneself while one, or one’s spouse perhaps, is in office. It has a long tradition.
(From Fox News)
Democratic Sen. Claire McCaskill was hit with another politically damaging report Tuesday when her local newspaper revealed businesses tied to her husband have gotten more than $131 million in federal subsidies since she took office.
Husband Joseph Shepard doesn’t personally pocket that money. But he has benefited from profits from the housing projects he’s invested in that received those subsidies.
According to the investigation by The Kansas City Star, Shepard’s personal income from the investments grew considerably since McCaskill took office in 2007. He reportedly made between $1,608 and $16,731 in 2006. But in 2017, Shepard reportedly earned between $365,374 and $1.1 million “from investments in housing projects that received federal subsidies.”