The construction project

Squawk

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The White House was having a bidding conference to obtain a builder to renovate the President's bedroom.

The bidder from Maryland told the federal agent it would cost $25,000 - $15,000 for supplies, $8,000 for labor, and $2,000 for his profit.

The bidder from Virginia told the agent he would do it for $24,000 - same as the guy from Maryland - only he would take $1,000 less for his profit.

The bidder from New Jersey told the agent he would do the job for $44,000. The agent asked why would it cost so much? The New Jerseyan replied: "$10,000 for you, $10,000 for me and $24,000 for the schmuck from Virginia to do the job!"
 
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