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Keyword: txandspend

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  • Tax bill has lots of breaks for special interests

    12/15/2010 7:56:28 AM PST · by SmithL · 5 replies
    San Francisco Chronicle ^ | 12/15/10 | Carolyn Lochhead, Chronicle Washington Bureau
    Washington - -- The tax compromise expected to pass the Senate today and add $858 billion to the national debt is packed with much more than another year of unemployment benefits and a two-year extension of all the Bush-era tax cuts. It also contains a special-interest bonanza of spending programs disguised as tax breaks, or "tax earmarks," that range from energy and education tax credits to tax-exempt bonds for areas damaged by Hurricane Katrina in 2005. California's Democratic Sens. Dianne Feinstein and Barbara Boxer joined an overwhelming 83-15 vote Monday to move forward on the tax bill, the biggest bipartisan...