Obama weekly address: Hey, we need earmark reform

Now, some of these earmarks support worthy projects in our local communities. But many others do not. We can’t afford Bridges to Nowhere like the one that was planned a few years back in Alaska. Earmarks like these represent a relatively small part of overall federal spending. But when it comes to signaling our commitment to fiscal responsibility, addressing them would have an important impact.

As a Senator, I helped eliminate anonymous earmarks and created new measures of transparency so Americans can better follow how their tax dollars are being spent. As President, time and again, I’ve called for new limitations on earmarks. We’ve reduced the cost of earmarks by over $3 billion. And we’ve put in place higher standards of transparency by putting as much information as possible on earmarks.gov. In fact, this week, we updated the site with more information about where last year’s earmarks were actually spent, and made it easier to look up Members of Congress and the earmarks they fought for.