Bailout Bill
It’s the stated purpose of this website to promote open dialog between people of various political viewpoints. Unfortunately though, in the middle of one of the greatest economic crises of our nation, the various political parties are pointing fingers at each other. Well somebody had a hand in creating this. View this video, and decide for yourself: (There’s much packed into a short video; so keep your pause button handy.)
And if that doesn’t upset you enough, take a look at what Congress insisted on adding into this bill (in pork) before they “saddled” us taxpayers with the below items adding an additional 150 billion, to the already 700 BILLION dollar bill: (As if that already wasn’t enough.)
Sec. 211. Transportation fringe benefit to bicycle commuters
Sec. 308. Increase in limit on cover over of rum excise tax to Puerto Rico and the Virgin Islands.
Sec. 309. Extension of economic development credit for American Samoa.
Sec. 312. Deduction allowable with respect to income attributable to domestic production activities in Puerto Rico.
Sec. 317. Seven-year cost recovery period for a motorsports racing track facility.
Sec. 322. Tax incentives for investment in the District of Columbia.
Sec. 325. Extension and modification of duty suspension on wool products; wool research fund; wool duty refunds.
Yeah, these are related to the crisis.
Come November, all these rats should be thrown out of the ship.