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Since the Speaker of the House is second in line of succession to the President, don't you think she rates a certain accomodation in the event Cheney croaks and we're left with GWB as President?
Shapley wrote:Since the Speaker of the House is second in line of succession to the President, don't you think she rates a certain accomodation in the event Cheney croaks and we're left with GWB as President?
If Akaka becomes speaker, do we owe him a plane that'll go nonstop to Honolulu?
Mr. Bremer defended his performance as head of the Coalition Provisional Authority in Iraq, noting that the United States had to bring tons of American dollars into Iraq because the country had no functioning banking system.
“We had to pay Iraqis in cash,” Mr. Bremer said of the money, most of which came from Iraqi oil sales. “Delay would have been demoralizing and unfair to millions of Iraqi families.”
Government auditors have repeatedly criticized the American and Iraqi governments for failing to monitor the money once it reached Iraq.
Representative Henry A. Waxman, the California Democrat who is the committee’s new chairman, acknowledged that he had no evidence that Iraqi insurgent groups had received any of the cash. But he suggested that it was possible, given how much money was rushed into the country.
The new Democratic majority begins dancing the next phase of the tax-and-spend minuet in the House of Representatives today. Following the example set by their Senate brethren last Friday, House Democrats will adopt a budget resolution containing the largest tax increase in U.S. history amid massive national inattention.
Nobody's tax payment will increase immediately, but the budget resolutions set a pattern for years ahead. The House version would increase non-defense, non-emergency spending by $22.5 billion for next fiscal year, with such spending to rise 2.4 percent in each of the next three years. To pay for these increases, the resolution would raise taxes by close to $400 billion over five years -- about $100 billion more than what was passed in the Senate.
It had been assumed that the new Democratic majority would end President Bush's relief in capital gains, dividend and estate taxation. The simultaneous rollback of Bush-sponsored income tax cuts was a surprise.
This reflects Democrats' belief that they can survive a long-term commitment to bigger government. Here is an audacious effort to raise the banner of fiscal responsibility while increasing spending and taxes.
SEN. Dianne Feinstein has resigned from the Military Construction Appropriations subcommittee. As previously and extensively reviewed in these pages, Feinstein was chairperson and ranking member of MILCON for six years, during which time she had a conflict of interest due to her husband Richard C. Blum's ownership of two major defense contractors, who were awarded billions of dollars for military construction projects approved by Feinstein.
As MILCON leader, Feinstein relished the details of military construction, even micromanaging one project at the level of its sewer design. She regularly took junkets to military bases around the world to inspect construction projects, some of which were contracted to her husband's companies, Perini Corp. and URS Corp. ...
As of December 2006, according to SEC filings and http://www.fedspending.org, three corporations in which Blum's financial entities own a total of $1 billion in stock won considerable favor from the budgets of the Department of Defense and the Department of Veterans Affairs:
* Boston Scientific Corporation: $17.8 million for medical equipment and supplies; 85 percent of contracts awarded without benefit of competition.
* Kinetic Concepts Inc.: $12 million, medical equipment and supplies; 28 percent noncompetitively awarded.
* CB Richard Ellis: The Blum-controlled international real estate firm holds congressionally funded contracts to lease office space to the Department of Veterans Affairs. It also is involved in redeveloping military bases turned over to the private sector.
OperaTenor wrote:Geez, if this was such a crime, why didn't the Republicans investigate it while they had control of Congress, which was right up until about 8 weeks ago?
The goodness of their hearts?!
jamiebk wrote:"Ironic, isn't it, that Bush has spent $400,000,000,000 on the "war" already. Does anyone think this can be sustained and NOT raise taxes to pay for it??
Ironic, isn't it, that Bush has spent $400,000,000,000 on the "war" already. Does anyone think this can be sustained and NOT raise taxes to pay for it?
Oh...I get it. The "war" funding comes out of some other pot somewhere in the great big blue sky...not out of our actual budget.
”Borrow and spend or tax and spend...neither is an acceptable option to me.”
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