Emergency Bill - Part 5
One more go and we are through the highlights (lowlights?) of this amazing piece of xxxx legislation.
19 SEC. 504. INCOME AVERAGING FOR AMOUNTS RECEIVED IN
20              CONNECTION WITH THE EXXON VALDEZ LITI-
21              GATION.
Why? (This one is really long too, and boring, and so unrelated to the matter at hand.)
 7  Subtitle B—Paul Wellstone and
 8  Pete Domenici Mental Health
 9  Parity and Addiction Equity Act
10 of 2008
11
12 SEC. 511. SHORT TITLE.
13      This subtitle may be cited as the ‘‘Paul Wellstone and
14 Pete Domenici Mental Health Parity and Addiction Eq-
15 uity Act of 2008’’.
Two things: First, Paul Wellstone is dead, so I know for a fact that he didn't put this in there. Second, this is long enough and specific enough that it really should be its own bill.
      TITLE VI—OTHER PROVISIONS
 5
 6 SEC. 601. SECURE RURAL SCHOOLS AND COMMUNITY SELF-
 7              DETERMINATION PROGRAM.
 8      (a) REAUTHORIZATION OF THE SECURE RURAL
 9 SCHOOLS AND COMMUNITY SELF-DETERMINATION ACT
10     OF 2000.—The Secure Rural Schools and Community
11 Self-Determination Act of 2000 (16 U.S.C. 500 note; Pub-
12 lic Law 106–393) is amended by striking sections 1
13 through 403 and inserting the following:
I thought this one might be exciting but it is really long and boring. Plus it turns out that Securing Rural Schools is about money, not guns.
21 SEC. 602. TRANSFER TO ABANDONED MINE RECLAMATION
22              FUND.
23      Subparagraph (C) of section 402(i)(1) of the Surface
24 Mining Control and Reclamation Act of 1977 (30 U.S.C.
25 1232(i)(1)) is amended by striking ‘‘and $9,000,000 on
(Page 394)
 1 October 1, 2009’’ and inserting ‘‘$9,000,000 on October
 2 1, 2009, and $9,000,000 on October 1, 2010’’.
8 Lines of Bill, 9 Million Dollars of spending. Amazing.
2   TITLE VII—DISASTER RELIEF
3   Subtitle A—Heartland and
4   Hurricane Ike Disaster Relief
Aha. Ike did make it into this bill. (Did you ever doubt it wouldn't?)

Finally on Page 451, we reach the zenith:

     Amend the title so as to read: ‘‘To provide authority
for the Federal Government to purchase and insure cer-
tain types of troubled assets for the purposes of providing
stability to and preventing disruption in the economy and
financial system and protecting taxpayers, to amend the
Internal Revenue Code of 1986 to provide incentives for
energy production and conservation, to extend certain ex-
piring provisions, to provide individual income tax relief,
and for other purposes’’.
Yes...emphases added by me. About 50% of the bill is for "other purposes" and about 5% of it deals with troubled assets.

This bill is a mistake. It simply demonstrates how non-serious Congress really is about the whole thing. If we really need an emergency act to correct this problem, then spend a week discussing and debating provisions, put them together in a clean bill without any cling-ons, and vote.

Just a bunch of clowns at the circus.

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Comments

Yes, this is a monstrosity.  The only reason it might not pass is that all the representatives in Congress are up for election this year.  Everyone should call his or her legislator and express your displeasure with this bill.  In five weeks, vote against any representative who supported this bill whether or not it passes.

Posted by: Quixote - 08:34 AM - 10/02

It’s disappointing.

The Senate managed to take the dubious bail out bill and make it worse.

Posted by: - 11:16 AM - 10/02
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