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This Week in Washington: Oct. 6, 2008

Posted By Todd Thurman On October 6, 2008 @ 11:09 am In Economics | Comments Disabled

There are several issues in Washington this week following the passing of the Bailout legislation. Here are some key issues to be aware of this week:

  • Congress passed a massive Continuing Resolution to fund the government for the next year and inserted some ridiculous earmarks and special interest projects.

Some ridiculous items include funding for blimps and squirrel hibernation.

  • The bailout bill contains favorable tax provisions for special interest groups.

Tax provisions for arrow shafts, directors and producers, and wool research

Restricting access to our energy hurts the economy, and drives up prices of of other goods

 [youtube]http://www.youtube.com/watch?v=TzkHhsS9K3U[/youtube]


Article printed from The Foundry: Conservative Policy News from The Heritage Foundation: http://blog.heritage.org

URL to article: http://blog.heritage.org/2008/10/06/this-week-in-washington-oct-6-2008/

URLs in this post:

[1] David Kreutzer of The Heritage Foundation has written: http://www.heritage.org/Research/EnergyandEnvironment/wm2093.cfm

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