>‘Stock Act’ sticks taxpayers with $1.7 million tab
This wasn’t supposed to happen. In Congress drive to clean up its act and pass the “Stock Act” to provide transparency to Wall Street holdings members have, taxpayers are getting stuck with the bill.
Senate Sergeant at Arms Terrance Gainer reveals that it will cost $1.5 million to develop software and programs to provide the easy-to-use electronic disclosure of lawmaker holdings required in the legislation.
Plus, he adds, when up and running, it will likely cost another $200,000 a year just to operate and maintain.
