Last week, Mr. Reid worked with his Nevada colleague, Republican Sen. John Ensign, to include one version of the debt-buyback provision in the stimulus plan in the Senate Finance Committee. Mr. Reid's spokesman said the senator got involved because he "heard from businesses in the state that the current tax treatment for cancellation of debt is hindering their ability to restructure their debt so they can move forward."
This week, Mr. Reid has helped a group of Republican and Democratic senators who are trying to iron out a compromise on the provision. The senators hope to add the compromise to the final bill in the next week.
Now quite honestly I don't know if Reid is guilty or innocent of adding "pork" to the bill, however what I do know is that he was working with Republicans when he did or didn't do so. This gives truth to the lie that there hasn't been bipartisan cooperation or input when it comes to the economic stimulus package. Right about now the wingnuts in Congress are quickly running out of excuses. At some point the American people are going to tell them to cut the shit or show them in a few years just how much we don't appreciate the political games they are playing.
sgwhiteinfla
ReplyDeleteAs you know, we share some views on the modern crop of republicans, not to mention the WSJ.
But I thought I'd pop in here and say hi.
Bernie Latham
Bernie
ReplyDeleteThanks for stopping by. Come back anytime.