Vietnam trade bill: Dem battle-lines on trade emerge
by skeptic06, Thu Dec 07, 2006 at 10:35:09 AM EST
Sirota is fuming at Brer Baucus, who is a leader of the free trade party within the Dems - plus being Finance Committee chairman in the 110th.
The earlier vote in the House on the Vietnam bill (Dems split 90-94 against) suggests that both Baucus and the forces of protection have their work cut out to united the Congressional party.
(The terms in italics can't be taken literally, of course. The free-traders love pro-US protection and (my suspicion) the protectionists wouldn't exactly want to return to Smoot-Hawley.)
Important to note that the Vietnam bill is wrapped up in an omnibus bill,
a multifaceted, 500-page bill that included the tax breaks, myriad trade measures including the Vietnam bill, and various health measures, among them promoting greater access to health care in rural areas and blocking a planned Medicare cut in payments to physicians, at a cost of $10 billion for a year.
The bill also encompasses a stalled plan to open more than 8 million acres along the Gulf of Mexico to oil and gas drilling and expand an abandoned coal mine reclamation program, estimated to cost up to $5 billion over 10 years..
Hey - abandoned coal mine reclamation program - that wouldn't be a Byrd special, by any chance?
Those tax breaks are apparently the same tax extenders that were lumped in with estate tax 'reform' and the minimum wage hike in the abortive HR 5970.
Another fine legislative mess: God knows what tricky bits of corporate welfare are stuffed in that monstrosity!
Bet you some company's managed to write its own page of the tax code somewhere in there...
Tags: Continental Shelf, Deep Ocean Energy Resources Act, Estate Tax and Extension of Tax Relief Act, HR 4761, HR 5602, HR 5970, Lease Area 181, Oil Exploration, Omnibus Bill, S 2253, S 3495, S 3711, Vietnam Trade Bill, Zoe Lofgren (all tags)