House’s Issa Asks Crisis Panel to Explain Spending

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U.S. Representative Darrell Issa is asking the Financial Crisis Inquiry Commission to explain its spending after the panel probing the 2008 credit market collapse requested that Congress supplement its $8 million budget.

Issa, a California Republican, sent a letter to FCIC Chairman Phil Angelides today, seeking a list of contracts with media consultants and the amount of money spent on such services. Issa also asked Angelides, a Democrat who formerly served as California’s treasurer, to provide a full accounting of travel expenses by FCIC commissioners and their staffs, including payments for airfare, lodging and meals.