Posted on 05/22/2008 6:01:40 PM PDT by dynachrome
Democrat Dirty Laundry
SPIN CYCLE: On the Campaign Trail, Democrats Promised to Severe Ties with Special Interests
House Speaker Nancy Pelosi (D-CA): "We are committed to immediate change to lead this country in a new direction, to put an end to business as usual, and to make certain this nation's leaders serve the people's interests, not special interests." ("A New Direction for America," Page 21)
RINSE CYCLE: Democrats Have Risked America's Economic and National Security to Deliver Paybacks to the Trial Lobby
"House Republicans, business lobbyists and tort reformers launched a last-ditch effort Wednesday to scrap a tiny provision involving trial lawyer taxes from a much larger bill that would extend many popular tax credits backed by K Street.
"Opponents say the measure, which would change the period during which lawyers could file their trial expenses for a business tax deduction, is a tax break for the trial bar that will cost more than $1.5 billion over 10 years."
"Larry Akey, a spokesman for the Institute for Legal Reform, said his group would fight the provision, while its affiliated organization, the U.S. Chamber of Commerce, dispatched a letter that included criticism of the trial lawyer tax change.
"'We are frankly appalled that in the current economic conditions that a bunch of wealthy trial lawyers would ask taxpayers to help them fund their frivolous lawsuits,' Akey said.
"'Obviously the trial bar is counting on the notion that there are a number of good tax provision extensions in this particular piece of legislation and so are trying to slip by an entirely new tax break for themselves,' Akey said. "
"And a source at the Republican Conference quoted House Minority Whip Roy Blunt (R-Mo.) as saying that he had to give Democrats credit for knowing how to 'unabashedly reward their friends.'"
"Rep. Michael Arcuri (D-N.Y.) took to the House floor to defend the proposal."
"A GOP lobbyist working the issue said the tax change gives Republicans an opportunity to expose Democrats' hypocrisy when it comes to special interest legislation.
"'The Democrat leadership promised to drain the swamp, but instead they've chosen to reward their richest donors through legislation,' the lobbyist said." (Roll Call, 5/22/08)
Farm Bill anyone? Pork barrel crap as usual?
Ha! I missed that one in there. Spellcheck doesn’t work on that sort of thing.
“Rep. Michael Arcuri (D-N.Y.) took to the House floor to defend the proposal.”
Thanks, Utica, for sending this total jerk to Washington.
Severe as in extremely betrothed?
BUMP and interesting related site...
“Legal Reform Resources”
“America has three distinct types of legal reform groups: civil justice legal reform groups; family law legal reform groups; and criminal justice legal reform groups. Listed below are 87 of the over 140 civil justice legal reform groups in this country. Also listed are a number of family law legal reform groups. Those focusing on criminal justice which involve a completely different kind of law and are a separate
subject are not shown here.”
http://www.legalreform-now.org/menu6_1.htm
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