RADICAL RIGHT — GOP LAWMAKERS DEFEND TEA PARTY PROTESTERS’ RACIAL, HOMOPHOBIC SLURS: Tea party activists protesting health care reform on Capitol Hill this weekend hurled racist and homophobic slurs at members of Congress who planned on voting for the measure. Protesters chanted “the N-word, 15 times” at Rep. John Lewis (D-GA), a hero of the civil rights movement, and his colleague Rep. Andre Carson (D-IN). Rep. Emanuel Cleaver (D-MO) was spit on, and someone yelled f—-t at openly-gay Rep. Barney Frank (D-MA) as he walked through the Capitol complex on Saturday. Leaders of the Republican Party spent Sunday distancing themselves from from the outbursts. “Nobody condones that at all. There were 30,000 people here in Washington yesterday. And, yes, there were some very awful things said,” stated Rep. Eric Cantor (R-VA) on ABC. But some Republican members of Congress defended the protesters’ behavior. Rep. Devin Nunes (R-CA) said Sunday that the remarks were understandable in light of “totalitarian tactics” used by Democrats that cause people to “begin to act crazy.” Rep. Steve King (R-IA), who was the sole dissenting vote against recognizing the use of slave labor in the construction of the U.S. Capitol, implied that the homophobic and racial slurs were “no big deal.” “I just don’t think it’s anything,” King said, adding that focusing on the incidents obscures “something that is determined to undermine the people.” King also claimed that he faced the same discrimination as the African-American and openly gay lawmakers. “There are a lot of places in this country that I couldn’t walk through,” King told Roll Call. “I wouldn’t live to get to the other end of it.”
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The House and Senate in action …
The Senate will convene at 2:00pmET
and will proceed to a period of morning business until 3:00pm with senators permitted to speak therein for up to 10 minutes each, with the time equally divided and controlled between the two Leaders or their designees.
At 3:00pm, the Senate will resume consideration of HR1586, FAA Reauthorization, with the time until 4:30pm for debate only and equally divided and controlled between Senators Rockefeller and Hutchison, or their designees.
At 4:30pm, the Ensign amendment #3476 (slot usage/perimeter) will be called up and modified with the changes at the desk. Debate between 4:30pm and 5:30pm will be equally divided and controlled between Senators Warner and Kyl or their designees.
At 5:30pm, the Senate will proceed to vote in relation to the Ensign amendment #3476. The amendment will be subject to a 60 vote threshold. Under a unanimous consent agreement it is in order for the amendment to be withdrawn prior to a vote.
Upon disposition of the Ensign amendment, the McCain amendment #3527 (Next Generation) will be withdrawn. If the McCain amendment #3528 (Grand Canyon) is not disposed of, the Senate would then proceed to vote in relation to the amendment.
At that point, a Managers’ amendment, cleared by the Leaders and Managers, would be in order and considered agreed to. The substitute amendment, as amended, would then be agreed to. The Senate will then proceed to vote on HR1586, as amended.
The 5:30pm votes would be in relation to the following items:
– Ensign amendment #3476 (slot usage/perimeter) (subject to a 60 vote threshold if it is not withdrawn);
– Passage of HR1586, as amended (FAA Reauthorization)
The title amendment will be agreed to upon passage of the bill.
the McCain amendment #3528 (Grand Canyon) was withdrawn.
Votes:
61: Passage of HR1586, FAA Reauthorization;
Passed: 93-0
Unanimous Consent:
Adopted S. Res.463,a resolution recognizing the cultural and historical significance of Norwruz, expressing appreciation to Iranian-Americans for their contributions to society.
Adopted S.Res.464, a resolution recognizing the 189th anniversary of the independence of Greece and celebrating Greek and American democracy.
Senator Harry Reid said, “I commend Speaker Pelosi and her team for leading passage of this common sense legislation that puts Americans back in control of their own health care, lowers skyrocketing costs, reduces the deficit, protects seniors and curbs insurance company abuses. She and her colleagues in the House understand that this was never about politics; it has always been about people who are struggling every day to keep their families healthy without going broke. This is about the scores of people we hear from every day who need greater security and stability in their health care.
The House will convene at 12:30pmET
| CURRENT HOUSE FLOOR PROCEEDINGS LEGISLATIVE DAY OF MARCH 22, 2010 111TH CONGRESS – SECOND SESSION
|
- H.J. Res. 80:
- recognizing and honoring the Blinded Veterans Association on its 65th anniversary of representing blinded veterans and their families
- 2:42 P.M. –
- DEBATE – The House proceeded with forty minutes of debate on H.J. Res. 80. Considered under suspension of the rules.
Mr. Filner moved to suspend the rules and pass the resolution.
- H.R. 1879:
- to amend title 38, United States Code, to provide for employment and reemployment rights for certain individuals ordered to full-time National Guard duty
- H.R. 1879:
- 2:41 P.M. –
- At the conclusion of debate, the chair put the question on the motion to suspend the rules. Mr. Filner objected to the vote on the grounds that a quorum was not present. Further proceedings on the motion were postponed. The point of no quorum was withdrawn.
- 2:34 P.M. –
- DEBATE – The House proceeded with forty minutes of debate on H.R. 1879. Considered under suspension of the rules.
Mr. Filner moved to suspend the rules and pass the bill, as amended.
- H.R. 4810:
- to amend title 38, United States Code, to make certain improvements in the services provided for homeless veterans under the laws administered by the Secretary of Veterans Affairs
- H.R. 4810:
- 2:33 P.M. –
- At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
- 2:15 P.M. –
- DEBATE – The House proceeded with forty minutes of debate on H.R. 4810. Considered under suspension of the rules.
Mr. Filner moved to suspend the rules and pass the bill.
- 2:14 P.M. –
- The Speaker announced that votes on suspensions, if ordered, will be postponed until 6:30 p.m. today.
- 2:02 P.M. –
- ONE MINUTE SPEECHES – The House proceeded with one minute speeches. PLEDGE OF ALLEGIANCE – The Chair designated Mrs. Halvorson to lead the Members in reciting the Pledge of Allegiance to the Flag.
The Speaker announced approval of the Journal. Pursuant to clause 1, rule I, the Journal stands approved.
- 2:01 P.M. –
- Today’s prayer was offered by the House Chaplain, Rev. Daniel Coughlin.
- 2:00 P.M. –
- The House convened, returning from a recess continuing the legislative day of March 22.
- 12:41 P.M. –
- The Speaker announced that the House do now recess. The next meeting is scheduled for 2:00 P.M. today.
- 12:31 P.M. –
- MORNING-HOUR DEBATE – The House proceeded with Morning-Hour Debate. At the conclusion of Morning-Hour, the House will recess until 2:00 p.m. for the start of legislative business. The Speaker designated the Honorable Ann Kirkpatrick to act as Speaker pro tempore for today.
- 12:30 P.M. –
- The House convened, starting a new legislative day.
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Repower America …
On Monday, Al Gore made an impassioned call-to-arms for a clean energy revolution.
More than 10,000 supporters like you joined the Vice President on a call to discuss the next steps in our fight for strong climate and clean energy legislation. Ohio Senator Sherrod Brown shared his positive perspective on prospects for bill passage in the Senate this spring, the need for grassroots supporters to get involved right now, and the difference you’re already making.
The U.S. Senate is in the process of drafting clean energy and climate legislation. But with lobbyists from big oil and their front groups whispering in Senators’ ears every day and corporate polluters pouring millions of dollars into ads, we have to fight back with all our strength to make sure we pass a strong bill this year.
We’ve heard directly from Senate offices that one of the most meaningful and effective ways to deliver a message to our elected officials is with a handwritten letter. And by sending a personal letter, we’re demanding that our Senators respond. Which is why we’ve set an ambitious goal: delivering over 150,000 handwritten letters demanding the Senate pass a strong bill this year!
Will you take a few minutes to listen to an update from Al Gore and write your Senator a personal, handwritten letter in support of strong clean energy and climate legislation?
http://cpaf.repoweramerica.org/lettersn
If there’s one thing our elected officials cannot deny, it’s the voice of their constituents.
Writing these letters is easy and important — and we’ll show you how. We will provide sample letters, talking points, and your Senator’s address — all you need to bring is a passion about the climate crisis and a commitment to America’s clean energy future.
So please take just a few minutes and write your Senator today.
The time is now. The revolution has arrived. And the voice for change is yours.
So please, make sure our Senators know that this time, it’s personal.
Thanks for all you do,
Dave Boundy
Campaign Manager
The Climate Protection Action Fund’s Repower America campaign
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What’s going on in the Senate and House …
THE SENATE Calendar for 3/16/2010
The Senate will resume consideration of H.R.1586, the vehicle for the FAA reauthorization bill. Roll call votes in relation to the FAA bill are expected to occur Tuesday afternoon, the following amendments to HR1586 are pending …
– Rockefeller #3452 (Substitute)
– Sessions #3453, as modified (Discretionary Spending)
– Lieberman #3456 (DC School Scholarships)
– Vitter #3458 (Coastal Impact Assistance program)
– DeMint #3454 (Earmark moratorium)
– Feingold #3470 (Rescission of unused transportation earmarks)
– McCain #3472 (bike paths)
– McCain #3475 (ban on congressionally directed funding during deficit years)
– McCain #3527 (Next Generation)
– McCain #3528 (Grand Canyon)
Votes:
50: Motion to Table the DeMint #3454 (earmark moratorium);
Tabled: 68-29Fifteen Republican senators joined almost all Democrats in voting down Sen. Jim DeMint’s (R-SC) amendment that would have established “an earmark moratorium for fiscal years 2010 and 2011.” The 68-29 vote rejected a two-year moratorium on spending provisions that include members’ pet projects.
51: Feingold #3470, as modified (Rescission of unused DoT funds);
Agreed To: 87-11
52: Vitter Motion to Waive Vitter #2458, as modified (Coastal Impact);
Not Waived: 41-57
53: Now Voting on Lieberman #3456 (DC Scholarship Program)
Not Agreed To: 42-55
Not Agreed To:
By Unanimous Consent:
Adopted H.Con.Res.249, a concurrent resolution commemorating the 45th anniversary of Blody Sunday and the role that it played in ensuring the passage of the Voting Rights Act of 1965
Adopted S.Res.456, a resolution congraulation gRadford University on teh 100th anniversary of the university
Passed S.1782, Federal Judiciary Adminsitration Improvements Act (with a Whitehouse substitute amendment)
**** **** **** **** **** **** **** **** **** ****
THE HOUSE Calendar for 3/16/2010
Suspensions (12 Bills)
1. H.Res. 311 – Expressing the support of the House of Representatives for the goals and ideals of Red Cross Month (Rep. Watson – Foreign Affairs)
2. H.Res. 605 – Recognizing the continued persecution of Falun Gong practitioners in China on the 10th anniversary of the Chinese Communist Party campaign to suppress the Falun Gong spiritual movement and calling for an immediate end to the campaign to persecute, intimidate, imprison, and torture Falun Gong practitioners (Rep. Ros-Lehtinen – Foreign Affairs)
3. H.Res. 1128 – Thanking Vancouver for hosting the world during the 2010 Winter Olympics and honoring the athletes from Team USA (Rep. Davis (CA) – Foreign Affairs)
4. H.R. 4252 – Inland Empire Perchlorate Ground Water Plume Assessment Act of 2009 (Rep. Baca – Natural Resources)
5. H.R. 2788 – Distinguished Flying Cross National Memorial Act (Rep. Calvert – Natural Resources)
6. H.R. 4003 – Hudson River Valley Special Resource Study Act (Rep. Hinchey – Natural Resources)
7. H.R. 3671 – Upper Mississippi River Basin Protection Act (Rep. Kind – Natural Resources)
8. H.R. 1769 – Alpine Lakes Wilderness Additions and Pratt and Middle Fork Snoqualmie Rivers Protection Act (Rep. Reichert – Natural Resources)
9. H.R. 4395 – To revise the boundaries of the Gettysburg National Military Park to include the Gettysburg Train Station (Rep. Platts – Natural Resources)
10. H.Res. 1089 – Recognizing the 150th anniversary of Augustana College (Rep. Hare – Education and Labor)
11. H.Res. 1167 – Expressing the support of the House of Representatives for the goals and ideals of Professional Social Work Month and World Social Work Day (Rep. Shea-Porter – Education and Labor)
12. H.Res. __ – Congratulating the 2009-2010 University of Maryland Men’s Basketball Team on an outstanding season (Rep. Hoyer – Education and Labor)
Postponed Suspension Vote (1 Bill):
1. H.R. 4628 – To designate the facility of the United States Postal Service located at 216 Westwood Avenue in Westwood, New Jersey, as the “Sergeant Christopher R. Hrbek Post Office Building” (Rep. Garrett – Oversight and Government Reform)
* Conference Reports may be brought up at any time.
* Motions to go to Conference should they become available.
* Possible Motions to Instruct Conferees.
time line of House action below …
6:12 P.M. –
- SPECIAL ORDER SPEECHES – The House has concluded all anticipated legislative business and has proceeded to Special Order speeches.
- 6:11 P.M. –
- Mr. Poe of TX requested the following general leaves to address the House on March 23: Mr. Jones for 5 min, and Mr. Moran of KS for 5 min. Mr. Poe of TX requested that Mr. Souder be allowed to address the House for 5 minutes on March 19. Mr. Poe of TX requested that Mr. Souder be allowed to address the House for 5 minutes on March 18.
Mr. Poe of TX requested that Mr. Souder be allowed to address the House for 5 minutes on March 17.
- H. Res. 1184:
- congratulating the 2009-2010 University of Maryland Men’s Basketball Team, Greivis Vasquez, and Coach Gary Williams on an outstanding season
- H. Res. 1184:
- 6:09 P.M. –
- At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
- 5:53 P.M. –
- DEBATE – The House proceeded with forty minutes of debate on H. Res. 1184. Considered under suspension of the rules. Ms. Shea-Porter moved to suspend the rules and agree to the resolution.
- H. Res. 1167:
- expressing the support of the House of Representatives for the goals and ideals of Professional Social Work Month and World Social Work Day
- H. Res. 1167:
- 5:52 P.M. –
- At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
- 5:47 P.M. –
- DEBATE – The House proceeded with forty minutes of debate on H. Res. 1167. Considered under suspension of the rules. Ms. Shea-Porter moved to suspend the rules and agree to the resolution.
- H. Res. 1089:
- recognizing the 150th anniversary of Augustana College
- H. Res. 1089:
- 5:46 P.M. –
- At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
- 5:40 P.M. –
- DEBATE – The House proceeded with forty minutes of debate on H. Res. 1089. Considered under suspension of the rules. Ms. Shea-Porter moved to suspend the rules and agree to the resolution, as amended.
- 5:39 P.M. –
- The Speaker announced that votes on suspensions, if ordered, will be postponed until a time to be announced.
- H. Res. 1128:
- thanking Vancouver for hosting the world during the 2010 Winter Olympics and honoring the athletes from Team USA
- H. Res. 1128:
- 5:37 P.M. –
- Motion to reconsider laid on the table Agreed to without objection. On motion to suspend the rules and agree to the resolution Agreed to by the Yeas and Nays: (2/3 required): 420 – 0 (Roll no. 119).
- 5:31 P.M. –
- Considered as unfinished business.
- H. Res. 605:
- recognizing the continued persecution of Falun Gong practitioners in China on the 10th anniversary of the Chinese Communist Party campaign to suppress the Falun Gong spiritual movement and calling for an immediate end to the campaign to persecute, intimidate, imprison, and torture Falun Gong practitioners
- H. Res. 605:
- 5:30 P.M. –
- The title of the measure was amended. Agreed to without objection. Motion to reconsider laid on the table Agreed to without objection. On motion to suspend the rules and agree to the resolution, as amended Agreed to by the Yeas and Nays: (2/3 required): 412 – 1 (Roll no. 118).
- 5:23 P.M. –
- Considered as unfinished business.
- H. Res. 311:
- expressing the support of the House of Representatives for the goals and ideals of Red Cross Month
- H. Res. 311:
- 5:22 P.M. –
- Motion to reconsider laid on the table Agreed to without objection. On motion to suspend the rules and agree to the resolution Agreed to by the Yeas and Nays: (2/3 required): 417 – 0 (Roll no. 117).
- 5:14 P.M. –
- Considered as unfinished business.
- H.R. 4628:
- to designate the facility of the United States Postal Service located at 216 Westwood Avenue in Westwood, New Jersey, as the “Sergeant Christopher R. Hrbek Post Office Building”
- H.R. 4628:
- 5:13 P.M. –
- Motion to reconsider laid on the table Agreed to without objection. On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 416 – 0 (Roll no. 116).
- 4:45 P.M. –
- Considered as unfinished business.
- 4:44 P.M. –
- UNFINISHED BUSINESS – The Chair announced that the unfinished business was the question of adoption of motions to suspend the rules which had been debated earlier and on which further proceedings had been postponed.
- H. Res. 1128:
- thanking Vancouver for hosting the world during the 2010 Winter Olympics and honoring the athletes from Team USA
- H. Res. 1128:
- 4:43 P.M. –
- At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
- 4:21 P.M. –
- DEBATE – The House proceeded with forty minutes of debate on H. Res. 1128. Considered under suspension of the rules. Ms. Watson moved to suspend the rules and agree to the resolution.
- H. Res. 605:
- recognizing the continued persecution of Falun Gong practitioners in China on the 10th anniversary of the Chinese Communist Party campaign to suppress the Falun Gong spiritual movement and calling for an immediate end to the campaign to persecute, intimidate, imprison, and torture Falun Gong practitioners
- H. Res. 605:
- 4:20 P.M. –
- At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
- 4:07 P.M. –
- DEBATE – The House proceeded with forty minutes of debate on H. Res. 605. Considered under suspension of the rules. Ms. Watson moved to suspend the rules and agree to the resolution, as amended.
- H. Res. 311:
- expressing the support of the House of Representatives for the goals and ideals of Red Cross Month
- H. Res. 311:
- 4:06 P.M. –
- At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
- 3:55 P.M. –DEBATE – The House proceeded with forty minutes of debate on H. Res. 311.
- Considered under suspension of the rules–Ms. Watson moved to suspend the rules and agree to the resolution.
- 3:49 P.M. –
- The Speaker announced that votes on suspensions, if ordered, will be postponed until a time to be announced. 3:46 P.M. –
- NOTIFICATION OF INTENT TO OFFER RESOLUTION – Mr. Flake notified the House of his intent to rise to a question of the privileges of the House and to offer a resolution. Mr. Flake was recognized to notice the form of his proposed resolution.
- 12:02 P.M. -ONE MINUTE SPEECHES – The House proceeded with one minute speeches regarding health care. The House received a message from the Senate. The Senate agreed to S. Con. Res. 53.
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Monday March mad news …&cspan.org live-stream
It’s Monday and the madness continues on the Hill … NCAA has seeded all the teams and UW from Washington State is number 11 … while The President will be in Ohio at 1pm ET to talk about health care and what it will do for every American. Robert Gibbs stated on Meet the Press, “This is the week where we will have this important vote,” White House press secretary Robert Gibbs said. “I do think this is the climactic week for health care reform.”
Other News today …
Apparently, various police departments in Tenn are giving guns over to re-sellers to raise funds;in Tenn a gun that was used in the Pentagon murder attempt by a guy who bought a re-sell gun ended up being from the local police.
Senate business included …
has adjourned until 10:15am ET Tuesday
**Speaking for up to 10 minutes each. Following morning business, the Senate will resume consideration of the House Message on H.R.2847, the legislative vehicle for the HIRE Act (Jobs I). At 5:30pm ET, the Senate will proceed to a cloture vote on the motion to concur in the House amendments to the Senate amendment to the House amendment to the Senate amendment to the bill, HR2847, the legislative vehicle for the HIRE Act.
** HR2847 17.6bil Jobs Bill includes amendment to comply with paygo, a payroll tax relief for new hires, extends highway trust funds, motion was agreed to in bipartisanship of 61yeas-30nays moving the bill forward to a final vote Wednesday morning.
| **At 5:30pm, the Senate will proceed to a cloture vote on the motion to concur in the House amendments to the Senate amendment to the House amendment to the Senate amendment to the bill, HR2847, the legislative vehicle for the HIRE Act. |
| Votes: 49: Cloture on the motion to concur with respect to the House message to accompany H.R.2847; Invoked: 61-30 |
| Unanimous Consent: S.Res.455, a resolution honoring the life, heroism and service of Harriet Tubman.S.Con.Res.53, recognizing & congratulating the city of Colorado Springs, CO, as the new official site of the National Emergency Medical Services Memorial Service and the National Emergency Medical Services Memorial. |
S.Con.Res.53, recognizing & congratulating the city of Colorado Springs, CO, as the new official site of the National Emergency Medical Services Memorial Service and the National Emergency Medical Services Memorial.
The House business…
adjourned at 11pm ET
**House Reconciliation Bill Mark-Up
debating on the reconciliation is now gone to a vote for certain amendments be included …
23 nays-15yeas motion failed…this Mark up goes to House Rules committee for further debate and change this Wednesday
**The House budget committee votes 21-16 to advance health care with reconciliation and is recommending amendments, the committee voted 21no -14yes to instruct reconciliation;the motion failed
CURRENT HOUSE FLOOR PROCEEDINGS
LEGISLATIVE DAY OF MARCH 15, 2010 … below
- recognizing the cultural and historical significance of Nowruz, expressing appreciation to Iranian-Americans for their contributions to society, and wishing Iranian-Americans and the people of Iran a prosperous new year7:27 P.M. –On motion to suspend the rules and agree to the resolution Agreed to by the Yeas and Nays: (2/3 required): 384 – 2 (Roll no. 115).
- recognizing Washington State University Honors College for 50 years of excellence7:20 P.M. –
- congratulating the winners of the Voice of Democracy national scholarship program7:12 P.M. –On motion to suspend the rules and agree to the resolution Agreed to by the Yeas and Nays: (2/3 required): 384 – 0 (Roll no. 113).
- recognizing the University of Arizona’s 125 years of dedication to excellence in higher education7:04 P.M. –Motion to reconsider laid on the table Agreed to without objection.On motion to suspend the rules and agree to the resolution, as amended Agreed to by the Yeas and Nays: (2/3 required): 392 – 0 (Roll no. 112).
- H.R. 4628:
- to designate the facility of the United States Postal Service located at 216 Westwood Avenue in Westwood, New Jersey, as the “Sergeant Christopher R. Hrbek Post Office Building”
- H.R. 2377:
- to direct the Secretary of Education to establish and administer an awards program recognizing excellence exhibited by public school system employees providing services to students in pre-kindergarten through higher education
- H. Res. 1163:
- recognizing Washington State University Honors College for 50 years of excellence
- H. Res. 1170:
- congratulating the winners of the Voice of Democracy national scholarship program
- H. Res. 1145:
- recognizing the University of Arizona’s 125 years of dedication to excellence in higher education
Pres. Obama Remarks on Health Care Reform while in Ohio
Health-Care Reconciliation Action Begins In Congress
This afternoon the House Budget Cmte. will begin its markup on a reconciliation bill, the first step toward approving health care legislation. House Rules Cmte. Chair Louise Slaughter said her committee may meet to consider rules for the debate on the bill later this week. Maj. Ldr. Hoyer said that a final vote will take place shortly thereafter on the Senate-passed health care bill and the reconciliation bill.
Live on C-SPAN at 3pm ET
CSM: Will Healthcare Reform Vote Come Senate Continues Work On Jobs Bill
The Senate continues working on (HR 2847), the Hiring Incentives to Restore Employment Act. The bill, now estimated at $17.6 Billion, proposes to create a payroll tax credit for businesses that hire new workers, extends provisions for the Highway Trust fund, extends the “Build America” bond program, and allows certain expense deductions for small businesses.
Sen. Dodd To Introduce Financial Reform legislation
Today Senate Banking Cmte. Chairman Dodd (D-CT) is expected to unveil his financial reform proposal. Sen. Dodd said the bill would create a systemic risk council, provide greater transparency in the trading of derivatives and protect consumers from risky or abusive financial actions/practices. Last week, Sen. Corker (R-TN) expressed his disappointment with the decision to release the bill, saying the health care debate forced Sen. Dodd to move forward.
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