BIG NEWS: Feds Paid $40 Million to Claire McCaskill’s Husband’s Businesses

Game Changer?
The federal government paid nearly $40 million dollars to Claire McCaskill’s husband’s businesses her first five years in office as Missouri Senator. During that time McCaskill has had influence over federal policy that has directly affected her family’s income.

Missouri royalty – The rest of the country has suffered but Claire McCaskill and her husband Joseph Shepard have done very well these past five years.

There are renewed calls for Democrat McCaskill to release her tax returns.

ABC3040 reported:

Businesses affiliated with the husband of Missouri Sen. Claire McCaskill have received almost $40 million in federal subsidies for low-income housing developments during her first five years in office, though it appears only fraction of that has made it to the family’s bank accounts, according to an Associated Press analysis.

McCaskill’s Republican challenger, Rep. Todd Akin, says the federal payments should be a cause for concern among voters. He’s attempting to portray the Democratic senator’s family as a prime beneficiary of government largesse.

“There is a conflict of interest and a breach of trust with the citizens of our state,” Akin said in an interview with the AP.

McCaskill campaign spokesman Caitlin Legacki called such assertions “flat-out wrong.”

There is no evidence that McCaskill personally routed the money to her husband’s businesses. But she voted for some – and against other – bills that funded the federal housing and agriculture departments, which in turn provide subsidies to businesses with federal contracts to provide low-income housing.

The AP reviewed five years’ worth of federal personal financial disclosure statements filed by McCaskill, which list more than 300 “affordable housing” businesses in which her husband, Joseph Shepard, had at least a partial ownership during the time she has been in office. At least one-third of those businesses also appear to be listed as recipients of federal payments in an online government database that tracks spending.

The firms affiliated with Shepard appear to have received about $39 million from the U.S. Department of Agriculture’s Rural Housing Service or the Department of Housing and Urban Development between 2007 – when McCaskill took office – and the end of 2011. According to McCaskill’s financial reports, Shepard earned an income of between about $400,000 and $2.6 million from those businesses in the years in which they received government payments.

McCaskill’s campaign declined to make the senator available for an interview about the federal payments and – except for Legacki’s brief statement that Akin’s assertion was wrong – also declined to let campaign staff participate in an on-the-record interview. But the campaign offered a variety of reasons why the payments pose no conflict of interest, including the fact that McCaskill opposed some of the funding bills and that those she supported also included appropriations for a wide variety of government programs.

The campaign said the vast majority of the housing subsidy contracts were initiated before McCaskill became a senator, although Shepard invested in some of them after she was elected and others were renewed during her term in office. The subsidies are intended to cover the gap between the rent paid by the tenant and the value of the housing unit as determined by the federal government. Consequently, much of the subsidy goes to the owners’ operating costs, such as mortgage payments or facility maintenance, the campaign said. Were Congress to not fund the subsidies, the federal government would be defaulting on its obligations, the campaign said.

Akin said McCaskill could have abstained from voting on bills that funded agencies involved in low-income housing developments.

But McCaskill then could have been open to accusations that she shunned her congressional duties – an assertion she has made against Akin for missing numerous House votes during his Senate campaign.

“She has to vote for or against appropriation bills – that’s what the citizens of Missouri hire her to do,” said George Connor, head of the political science department at Missouri State University. But he added: “It seems to me that she has influence over federal policy that has directly benefited her husband.”

McCaskill ranks as one of the wealthiest members in Congress.
And after five years as Missouri Senator, she’s even richer.

Related… The Obama-Pelosi stimulus made McCaskill rich.

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  • bg



    Australian P.M. Julia Gillard Unleashes Awesome,
    Blistering Speech Over Opposition’s Sexism

    glad to see some women are finally waking up
    to the creeping Sharia via their government..


  • SoLongSong

    I hope this takes off and McCaskill is TOAST. So much is going on with the Presidential election, it’s hard to remember that we need all the senate seats we can get too.

  • bg


    “There is a conflict of interest and a breach
    of trust with the citizens of our state,”

    there are several representatives in powerful political positions
    who are so corrupted that Charles Rangel comes off as an Oliver
    by comparison..


  • The Prairie Chicken has been busy feathering her nest.

  • Godor

    Where is Harry Reid demanding HER tax returns???? Chirp chirp.

  • RobNclt

    We simply have to remove the Democrat majority in the Senate and add enough seats to give conservatives a super majority, something they have never had, to get things turned around. With the constant threat of a filibuster removed we can turn back some of the things Pelosi, Reid, and Obama have perpetrated on this country. It’s not a question of can we vote them out, we need to do it and WE WILL.

  • Laymen

    Uh-Ooh, McCaskill chickens – -have come home to roost, haa!

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  • dwd

    Can’t wait to vote her out

  • Frank Cotton

    I’m sure this is just a coincidence.
    ….just like the obama team losing track of firearms that wound up in the hands of Mexican drug lords…
    ….just like the obama team rolling back the security forces in Libya shortly before our embassy was attacked…
    …just like the OMB changing the methodology they use to calculate the unemployment rate, resulting in a reduction to 7.8% leading up to the election, right after a blowout debate loss…
    …just like the obama team instructing defense contractors not to send out the legally required layoff notices right before the election…
    I could add about 12 more items to this list off the top of my head, but it would be pointless to do so. Clearly each and every one of these occurrences only ‘appear’ to be corruption, but corruption occurred in none of these cases, including this McCaskill matter. After all, why would one assume that someone in the Senate would even be aware that millions of dollars in federal subsidies were routed to her spouse? We should just go forward believing that senator mccaskill was not aware of this, even though it would be logistically impossible for that to be the case.
    We should also just go on believing that none of the instances of potential corruption in the obama administration indicate the presence of actual corruption- even though it would be both logistically and statistically impossible for that to be the case…

  • Bob

    Queen Claire is being outed. This is not her first issue with special treatment and questionable financial dealings. She charge airfare cost to taxpayers that were not exactly legal. This woman will get another pass from Harry Reid and the dems leadership.

  • Sandra Fluke

    This is a GAME CHANGER!!! I can’t believe the massive corruption of this woman and party!!! It is time to prosecute these people!!!!

  • bob litfin

    Claire is evil

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  • Daniel

    Hook her up tp Obama care and the latest scam she has has has to go

  • Brian

    Pelosi and Reid refuse to release thier taxes. Harry Reid has never held a job outside of politics yet he has a reported net worth of over $10 million. Explain that one.

  • MikeyG

    Nothing to see here….move along……..

  • ChuhyonaKimhyonchul

    Democrats under investigation

    These are the people we know about. Who else has their hands in the cookie that we’ll learn about this year?

    Democrats under investigation
    President Obama F&F Acorn Black Panthers
    A.G. Eric Holder F&F on and on
    Secretary of Homeland Security Janet Nepolitano
    Secretary of Health and Human Services Kathleen Sebelius

    Sen. John Edwards
    Sen. Bob Menendez (D-New Jersey)
    Sen. Roland Burris (D-Illinois)

    Rep. Nancy Pelosi
    Rep. Barny Frank
    Rep. Laura Richardson
    Rep. Jesse Jackson Jr.
    Rep. Alice Hasting
    Rep. Maxine Waters
    Rep. Charles Rangel (D-New York)
    Rep. Bob Filner (D-California)
    Rep. Jane Harman (D-California)
    Rep. William Jefferson (D-Louisiana) – Indicted
    Rep. Alan Mollohan (D-West Virginia)

  • Peted

    They sure grow big pigs in the Show Me State don’t they?

  • Jared Li

    No… say it isn’t so. A Democrat profiting off of others? It can’t be!!!

  • Fred

    She is one ugly woman(both on the inside and out).

  • False Hope

    Wake up Sheeple for your Government is robbing us blind!!!

  • UyeahU

    They sure screamed about Mitt’s tax returns. Perhaps we should use the goose/gander rule here, you know “what’s good for the goose is good for the gander”? And while we are at, how about Harry Reid’s tax returns as well.

  • Patty

    “McCaskill’s campaign declined to make the senator available for an interview about the federal payments and – except for Legacki’s brief statement that Akin’s assertion was wrong – also declined to let campaign staff participate in an on-the-record interview. But the campaign offered a variety of reasons why the payments pose no conflict of interest, including the fact that McCaskill opposed some of the funding bills and that those she supported also included appropriations for a wide variety of government programs.”

    EMBARRASSED MUCH? Must be something to live you life on lies in the dark corners of Hell.

  • Denise

    ALL of them are guilty of INSIDER TRADING and voting on policy/bills that direct money toward their own benefit in some way. Like buying an ten acre lot for a pittance, voting on a interchange later that happens to go right by the same property, which causes the property value to skyrocket. SHE is a big crook.

  • Patty

    government takes our taxes what is left they take for themselves………….


    Government Will Take Almost Half Your Paycheck in 2013

    How high is the marginal tax rate on each additional dollar the average American earns? In other words, if you got a raise of one dollar, how much of that dollar would be taxed away? These rates are already high, and they’re getting higher next year.

    A middle-class taxpayer’s income is subject to a 25 percent federal income tax. Then there is the federal Social Security and Medicare payroll tax of 13.3 percent in 2012—5.65 percent of that is removed from the employee’s paycheck, and the remaining 7.65 percent is paid by the employer. (In reality, the employee pays the entire 13.3 percent, because the employer’s portion of the tax does not affect the cost of labor: The employer would pay the employee 7.65 percent more if there were no employer’s portion of the payroll tax.)

    So the 25 percent federal income tax plus 13.3 Social Security and Medicare payroll taxes equals 38.3 percent going to federal taxes in 2012.{…………]


  • Patty
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  • james thomas

    Those contracts are a license to print money. It is not just the management fees that are sweet it is the geometrically expanding other fees that pile up over the years and amount to millions. From accounting fees to computer fees, it goes on and on.

  • Patty


    EXTREME Black Anger in Chicago at Obama: “He done did it. He ruined it for us. White people don’t feel guilty no more and won’t do stuff for us now”.

    Read more


  • GozieBoy

    So only a “fraction” of the $40 million has made its way to their bank account? Well, $10 million is a fraction of $40 mill….

  • Chuckles

    Amazing how anything unethical involving a Democrat is ignored by the unbiased MSM. Curious really.

  • Mad Hatter

    Over half of the media in Kansas City and St. Louis are ignoring the story, yet they went wall to wall with coverage over Aikin’s comment.

    About 10% coverage on this story, and 100% flogging on the Akin story.

    Media bias? What media bias?

  • J Stuart

    Sounds corrupt to me.

  • Patty

    but, but, Big Bird is the story. I bet this ad has been on TV today 20 times or more. But what is happening with the crooks and cons, no leadership, no morals and my hope is that when it all comes crashing down in November we all can breathe a little easier. And get this country back on the right track.

  • bg



    Rush says Gallup not only has Obama back up, but with a 5 point
    , guess that suing act of his really works well, well, for him of
    course, never US.. / sad *sigh* sarc/


  • enoughAlready911

    We need EXTREMELY tight scrutiny on ALL of our Federal Employees(senate, congress, president).

    The problem is that they get “sweetheart” deals, with the finances once removed, so that someone gains access to them. Whether its daughters, sons, brother, parents, friends, attorneys they funnel the money to those close to them so they can appear above the corruption.

    I don’t care what party they belong to we need much better visibility into their actions……Harry Reid is worth $10M but only earns $193,400 yr…with a house in Nevada and DC. Doesn’t add up. I am sure Repub’s do it too….we need it all to stop.

  • donh

    Another eilite democrat scamming the Department of Agriculture….Surely there must be well concealed ties between Joseph Shepard and Jon Corzine….and how many of his low income trailer park developments made applications for Pigford settlement payments ?

  • Tom Genin

    The question is: Did her votes “against” the bills matter? That is were they sure to pass or fail anyway.

    Same for the votes “for.” That way, one can tell if she was really trying to affect Her outcome.

  • Mike Jefferson

    Whatever happened to the citizen lawmaker? Now all we have are lifetime con artists who scare people using icons such as Big Bird to accomplish their scorched earth economic policies. It’s time to bounce these crooks like McCaskill, Pelosi, etc. out of office.

  • bg


    Patty #5 – page 2 October 9, 2012 at 2:40 pm

    don’t know if that’s a wow or a whoa,
    will go with both, and then some.. 😯


  • Piquerish

    I hear that Joseph is 3.171866% Eskimo. His minority status should exempt him and his minority wife from such cruel public speculation. Have you no shame?

  • The big news of the day is the ARG Ohio poll. This is a +9% democrat poll that has Romney up 1%. As way of comparison, another d+9% poll in mid-September had Obama up 9%. That is a big swing.

    Check out for a look at the polls re-weighted to 2004, 2008 and 2010 exit polling weights by party identification. There are also averages and D+% and R+% models along with electoral vote breakdowns. We do not endorse a specific model, but rather allow the reader to review modeled scenarios based on historical turnout and find one consistent with their world view.

  • Jack Kennedy

    nothing to see here………move along

    cuz, mccaskill is a democrat/liberal and its ok for democrats to be corrupt …………… its only a problem for the Real Americans/Repubs

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  • Finncrisp

    At this point, it is so obvious she is OBLIVIOUS to how Americans actually live; she thinks this kind of stuff is perfectly normal. Next step is she will try and educate “unwashed Missourians ” as to why it is. This is always her response – I just need to educate people so they can understand why ME getting MILLIONS is good for them.

    I think it is time to forgive Mr. Akin and bury this one on election day. She apparently will do quite well without having to be a Senator in her spare time. She can walk Barry’s dogs if he doen’t eat them first.

  • Dorothy Palmer

    Aikin is going to win this election. Good.

  • RotalSnart

    What’s the big hub bub?

    All Democrats are corrupt liars

  • crony socialism. but when talking about socialism to say crony is redundent. i wonder how all those young college students that voted for obama like how their wonderful socialist economy works.

  • Jessie

    Arrogant Republican overlords, Reince Priebus and Karl Rove, have , for the sake of Political Correctness, refused to help Todd Akin in the race against Claire McCaskill. Must be they don’t value a senate majority.
    They’ve made an Independent out of me.
    Thanks to Jim DeMint, Pat Buchanan and all who are not afraid to stand with Todd Akin.

  • lonestar

    What is even more obscene is this seat was an easy republican pick-up. Now, Claire will continue to get millions funneled to her family.

  • alan

    A democrat is never held responsible for anything. ALl we will hear is the senate will look into the potential conflict of interest and we never hear from it again. A republican does the same thing and we hear screams for them to resign.

  • gramps

    But McCaskill worked tables to get through college… She deserves all can grab with both hands … How else can she fit in up in DC… Start poor and in 5 yrs make Millions earn a full retirement and paid health care… Duh… she is still in the middle… middle of what I ask??

  • C-Christian Soldier

    And after five years as Missouri Senator, she’s even richer.

    and the reeeeeeach across the aisle-nice Rs are going to do what about this corruption!?

  • Where’s the MF money Jon?

    State and federal subsidies and grants for low income housing must be a cash cow for wealthy leftists. Let’s not forget how Barack and Valerie and Tony worked together in Illinois. They get grants to build these low income places and low interest money to repair these places and then let them run down after collecting this and all the annual payments from the state. They claim they are just helping the poor while they enrich themselves.

  • Sean Delevan

    Perhaps the funniest part of this story is the line:

    “He’s attempting to portray the Democratic senator’s family as a prime beneficiary of government largesse”.



  • the only way to stop this from happenning again and again is to take your money back from the politicans. the politicans have so much of the income of the american workers that they have no clue what is happenning with it. the only thing they do know is that they need more. our tax dollars are nothing more then a giant slush fund for the politicans to loot. even the smartest man in the history of the world can’t do anything to stop it.

    “the power to tax is the power to tyrannize.”

  • This is the same husband whose nursing homes sinked Claire’s chances to be Governor in 2004.

  • Take your pick, MO. Akin and honesty or McCaskill and criminality.

  • Nancy Galeassi

    Claire has never told the truth a day in her political career. As she pointed out on numerous occasions, through her kitchen tables talks that she personally never attended, if you think she is doing the job ” vote her out ” so fully intend to do as she suggests!!!

  • Bill_B

    “She has to vote for or against appropriation bills…..”

    OR ‘present’ like obama normally did !

  • Freddy

    Feinstein, Pelosi, Boxer, and Miller, and funnelled cash into their family and friends for decades. And yes, they ALL benefitted from the stimulus!

    Of course, here in California, they will all be re-elected to their permanent positions in government this November.

  • McCaskillIsGodAwful

    I remember when McCaskill got in trouble for failing to pay $287,000 in taxes on her private airplane and charged taxpayers $88,000 for her own use of her own plane.

    Oh well, the culture of corruption that defines the Democratic party marches on.

  • Hugh

    VILE. REPULSIVE. CORRUPT. Take this greedy, unethical pig out of office!

  • Ernaldo

    This will get little to no media play. It would, of course be important if the thief were a Republican….

  • dork lungfish

    As much as Akin’s famous remarks gave me a big fat headache, I hope, that with Romney’s improved post-debate polling and McCaskill’s unpopularity, that Akin wins the Missouri Senate race.

  • squeaky

    barack’s $100,000 chicago botanical garden that wasn’t.

  • Truth Teller

    I can’t stand that slob Claire…I hope she sinks…

  • Failed Obamessiah

    McCaskill and Obama — To redound to the collective benefit of Show-Me staters, their fates must be inexorably fused.

  • Fred

    I live across the river. Wish I could vote against the pig.

  • weeone

    welcome to the Diana Feinstein, Barbara Boxer democratic senatorial circle of corruption.

  • Man! Don’t we have a couple of dandys to choose from in MO.?

  • Another corrupt Democrat pig with her nose in the public trough. Maxine Waters, Nancy Pelosi and Harry Reid have all enriched themselves, families and cronies at the taxpayers expense. Yet not one them or the guys on Wall St, Fannie Mae and Freddie Mac that caused the meltdown in 2008 is ever prosecuted! When will the people revolt and demand accountability?

  • bg


    Reince Priebus and Karl Rove

    can’t stomach them as much as i couldn’t Kennedy & Kerry.. then there’s
    my truly hate column, where evils the likes of Obama, Murtha, and a few
    others reside be they dead or alive..


  • bg


    uhg.. keep forgetting the new format is chopped up so to speak..

    re: #74 – page 3 October 9, 2012 at 5:38 pm bg

    was re: Jessie #50 – page 2 October 9, 2012 at 3:18 pm


  • Perfected democrat

    There is a similar story associated with Pelosi and her husband….

  • Mitch Rapp

    Were you expecting an honest Democrat?

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  • Jack Clegg

    They went to Washington to do good,
    and they did very well indeed.

  • Limousine Barry

    Let me be clear, I have a system of checks and balances. I take bribes and add them to my bank balance! Ha-ha!

    Here is the way I roll. I take the Taxpayer’s money and give it to Nancy Pelosi – for a fee.

    Then Nancy Pelosi gives the money to Clair McCaskill’s husband – for a fee.

    Clair McCaskill’s husband gives the money to Clair McCaskill’s reelection campaign – for a fee.

    Then, Clair McCaskill’s reelection campaign gives the money to my cronies – for a fee.

    My cronies “bundle” the money into my reelection campaign – for a fee. It’s a circular set of checks and balances!

    In Washington DC we don’t call it money laundering or racketeering! We call it fund raising! I am sure Eric Holder will back me on that!

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    And the St.Louis Post-Dispatch which is all about local news – fails to even mention this anywhere in their newspaper today – it should be on the front page.

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