The university's new stadium will be named after a private prison company. The GEO Group gave FAU a $6 million gift that "delighted" the administration but prompted protests from students. Friday, university President Mary Jane Saunders said the deal was a "closed book," despite allegations of abuse at the company's institutions.
In the end, President Obama and other Democrats had less leverage than Republicans because of a fundamental asymmetry: Large federal spending cuts alarmed Democrats; Republicans, not so much.
The U.S. Air Force will pay Gulfstream nearly $50 million to maintain its C-37 executive jets, in a contract announced the day before the federal budget was set to absorb $85 billion in automatic spending cuts.