Word: mica
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...particular Goldman Sachs. Also at issue were the moves the Federal Reserve made to cover up the fact that AIG had paid out the contracts at par, which was the contract's full original amount. "Why shouldn't we ask for your resignation as Secretary of Treasury?" said John Mica, a Republican Representative from Florida...
...waste. Transportation, as such a local issue, lends itself naturally to earmarks, and Oberstar's committee is a bit infamous on the Hill as a friendly home to such pork-barrel projects. But Oberstar is in constant contact with Obama's shadow Administration and, with the help of John Mica of Florida, the committee's top Republican, is working to keep any earmarks out of the bill. (View the 10 most outrageous earmarks...
...group of lawmakers envisioned it as a modest structure to hold visitors waiting for tours of Capitol Hill. The project stalled during the '90s because of cost concerns, but Congress signed on to the project in 1998 after a lunatic gunman killed two Capitol police, according to Rep. John Mica, a Florida Republican and longtime CVC supporter. Construction began in 2000 with a budget of $265 million and a completion date of 2004. Then came September 11 and the Anthrax scare on Capitol Hill. More security measures were added to the CVC plans, causing immediate delays and a budget increase...
...Mica says the real problem is Congressional politics, not the Architect of the Capitol or a lack of oversight. "I could directly attribute the delays and cost overruns to members of Congress who couldn't make a decision, or made them and they weren't good," he says. For example, Mica says that Congress initially was going to reserve 160,000 sq. feet of undeveloped space inside the CVC facility for future office use. But in 2001, lawmakers realized it would be cheaper to develop the office space immediately. This change caused at least a year in delays, which...
...Mica insists that the end result will be worth the $600 million price tag - which he calls a bargain compared to projects in the private sector. "This is a magnificent structure to accommodate our citizens and is absolutely necessary," Mica says...