Senate bailout bill hits the Internet
(By Ed Morrissey, Hot Air) - The Senate will begin debate within minutes on their attempt to revive the bailout bill rejected by the House. They have released the bill text this morning, and the Senate Conservatives Fund website has it for public perusal. The new version has no allocations going to the Housing Trust Fund, which the Dodd version originally did, so ACORN will get no money from the bailout.
However, the Senate did add a few winners to this new version:
New Tax earmarks in Bailout bill
- Film and Television Productions (Sec. 502)
- Wooden Arrows designed for use by children (Sec. 503)
- 6 page package of earmarks for litigants in the 1989 Exxon Valdez incident, Alaska (Sec. 504)
Tax earmark “extenders” in the bailout bill.
- Virgin Island and Puerto Rican Rum (Section 308)
- American Samoa (Sec. 309)
- Mine Rescue Teams (Sec. 310)
- Mine Safety Equipment (Sec. 311)
- Domestic Production Activities in Puerto Rico (Sec. 312)
- Indian Tribes (Sec. 314, 315)
- Railroads (Sec. 316)
- Auto Racing Tracks (317)
- District of Columbia (Sec. 322)
- Wool Research (Sec. 325)
1 Comments:
From National Review Online:
That list of Bailout Bill earmarks gives the game away.
When this thing first came up, a lot of us felt like the Mister Average Joe guy at the start of a conspiracy thriller who gets a call saying the place is gonna blow, you got 30 seconds to get outta there, jump out the rear window, and get into the unmarked car with the fellows in reflector shades.
"Whu..? Why? Er, lemme think..."
"Clock's ticking, pal."
Now it turns out the once-in-a-lifetime save-the-global-economy emergency-measure has got time for all the business as usual. Well, which is it? I'm willing to be persuaded of the merits of a bill for "wool research", or the merits of a billion-trillion-gazillion-dollar bill to save the planet from economic meltdown. But the same piece of legislation cannot plausibly contain both.
I suppose sophisticated insiders would assure me that regrettably there's no possibility of earmark reform; this is just the price of doing business in Washington. But that's why non-sophisticated non-insiders hold the political class in contempt. The same blowhards who run for office on a platform of lowering ocean levels and healing the planet then turn around and insist they're unable to do anything about the one small area of human endeavor for which they bear sole responsibility.
If this is an emergency, hold the wool research. If it's an emergency that's got time for wool research, let's chew it over for another few months.
We're poor little lambs who have lost our way. Bah, bah, bah.
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