Hovde-Backed Tech Company Got Stimulus Cash
Posted Tuesday, July 23, 2012 --- 3:23 p.m.
MADISON, Wis. (AP) -- Republican Senate hopeful Eric Hovde says he opposes the federal stimulus, but a tech company he backs collected more than $2 million from the program.
Hovde sits on the board of ePlus, a computer services company, and has said he's the second-largest shareholder.
The Milwaukee Journal Sentinel reported Tuesday that ePlus got more than $2.3 million in dozens of federal grants in recent years.
Hovde's campaign says he owns far less than a controlling stake in the company.
Hovde and his Republican rivals, former Rep. Mark Neumann and former Gov. Tommy Thompson, have all sharply criticized the stimulus law. But companies connected to both Neumann and Thompson have benefited from it, too.
Copyright 2012. The Associated Press.
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by Grammy Location: Madison on Jul 24, 2012 at 05:42 PMAnd several solar energy companies that were contributors to Obama's campaign and have since filed bankruptcy also took stimulus money. Lots of stimulus money. And all the "stimulus" money did no stimulating at all. When will taxpayers wise up and elect somebody who will stop this foolishness? (I am neither a supporter or opposer of Hovde, but if any of you said they would not take money available to you as well as everybody else, you are just fooling yourself. Did you ever take a tax credit on your income tax? Maybe homestead credit on the Wis. income tax?)[ Report Abuse ]
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