Monday, November 26, 2007

Giuliani Firm Fights for Washington Money He Vows to Eliminate

By Jonathan D. Salant

Nov. 26 (Bloomberg) -- On the campaign trail, Rudy Giuliani rails against congressional spending set aside for lawmakers' pet projects. In Washington, his law firm fights to obtain them.

Giuliani, the Republican presidential front-runner, last month pledged to ``get rid of'' so-called earmarks, which cost taxpayers about $13 billion this year, saying his party should promote ``fiscal discipline.'' Just weeks later, Bracewell & Giuliani LLP won $3 million worth of projects for its clients in defense-spending legislation.

``It's a bit hypocritical,'' said Republican consultant Eddie Mahe, who isn't aligned with any presidential candidate. ``He profits from it. I don't think Joe Sixpack is going to buy into that.''

While the firm's earmarks account for only a small fraction of the defense bill's $7.9 billion in such projects, they show that Giuliani's business interests continue to collide with his campaign rhetoric...[Open in new window]

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