Big Pancake – IOTW Report

Big Pancake

Just The News: This week, our award goes to the Department of Health and Human Service’s (HHS) Office of Community Services for spending $765,828 to open an IHOP in D.C.’s up-and-coming neighborhood of Columbia Heights in 2011. Government flapjacks, anyone?

In 2009, the Anacostia Economic Development Corporation (AEDC) applied for a grant from HHS to invest in the franchised restaurant in exchange for a minority equity stake. HHS gave the AEDC $500,000 as an equity injection in DC Pancakes LLC for a 19% ownership interest, according to the 2011 edition of newly deceased former Oklahoma Republican Sen. Tom Coburn’s annual Wastebook

The remaining quarter-of-a-million-plus dollars went to “training costs for new employees, and other consultants.” That would be, pancake consultants. MORE

The Golden Horseshoe is a weekly designation from Just the News intended to highlight egregious examples of wasteful taxpayer spending by the government. The award is named for the horseshoe-shaped toilet seats for military airplanes that cost the Pentagon a whopping $640 each back in the 1980s. 

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