Wednesday, June 19, 2013

The latest local news, weather and high school sports in and around Columbia and Jefferson City

Feds paid $40M to firms tied to McCaskill's spouse
Posted: 10.09.2012 at 3:35 PM
0

Republican challenger Todd Akin says the payments are a "conflict of interest"

File photo
Photo

(AP) -- JEFFERSON CITY, Mo. (AP) -- Businesses affiliated with the husband of Missouri Sen. Claire McCaskill have received almost $40 million of federal subsidies for low-income housing developments during her first five years in office.

McCaskill's Republican challenger, Todd Akin, claims the payments represent a "conflict of interest and a breach of trust" with voters. The Democratic senator's campaign says that is "flat-out wrong."

McCaskill's financial reports show her husband, Joseph Shepard, earned between $400,000 and $2.6 million in income from the businesses that received federal payments from 2007 through 20011.

McCaskill voted for some, but not all, of the bills that funded the federal housing and agriculture departments, which provide the housing subsidies. McCaskill's campaign says many of those housing contracts existed before McCaskill was elected in 2006, or before Shepard invested in them.

(Copyright ©2012 by The Associated Press. All Rights Reserved.)

Popular Stories
Thumbnail
Manhunt underway for rape and kidnapping suspect
Meghan Lane  |  Yesterday at 10:25 PM  |  9 comments
Thumbnail
Man charged after locker room incident with teen
Meghan Lane  |  Tuesday, June 18, 2013  |  6 comments
Thumbnail
Unsanitary conditions found at meat locker
Teresa Snow  |  Tuesday, June 18, 2013  |  2 comments
Follow Connect Mid-Missouri
Get news and weather notifications on your phone by downloading the iPhone or Android app below
Sign up to get alerts and updates for breaking news, severe weather, and deals:
submit
ADVERTISEMENT
Special Features
ADVERTISEMENT