Is this good? Is this what the Senate will vote on?
No. This is a futile effort, a "sop" to gullible people who think Congress is capable of "working for a free people." Congress's job is to facilitate public indebtedness, so as to obtain a dependent public.
The Senate Bill calls for
- The Senate plan would also raise federal deposit insurance limits to $250,000 from $100,000,
- tax legislation — including a set of popular business tax breaks
- adding legislation to prevent more than 20 million middle-class taxpayers from feeling the bite of the alternative minimum tax
- It included AMT relief, $8 billion in tax relief for those hit by natural disasters in the Midwest, Texas and Louisiana, and some $78 billion in renewable energy incentives and extensions of expiring tax breaks. In a compromise worked out with Republicans, the bill does not pay for the AMT and disaster provisions but does have revenue offsets for part of the energy and extension measures.
The senate votes tomorrow evening on essentially the same bill with a section on FDIC and the study of suspending the mark program. We all need to call our senators and let them know how we feel about them trying to pass it in the senate.
That’s not just good, that is *OUTSTANDING*.