Heritage Senior Research Fellow James Gattuso appeared on Hardball with Chris Matthews last night to talk with Pat Buchannan about the auto bailout. Gattuso has also written about the bailout.
[youtube]http://www.youtube.com/watch?v=GnOV8okhQgA[/youtube]
In the interview Pat Buchanan stated
Heritage is completely subsidized. … You get all this money from big fat corporations.
This, however, is not the case. According to our most recent annual report (for 2007, page 28), less than five percent of our $45.6 million in income from contributions that year came from corporate donors. 58 percent of our contributions ($26.5 million) came from individuals and 37 percent ($16.9 million) from foundations.
…We see Buchanan’s employer already has their hand in the taxpayer till to the tune of $140 billion
