Bailout Bill Round 2 – Bill swells from 3 pages to 450 pages full of earmarks

The original $700 billion dollar bailout bill was a mere 3 pages when it was first put together. We saw the House of Representatives defeat the bailout bill on Monday. Last night the Senate passed a new bailout bill which has swelled to 450+ pages, with tons of earmarks. Barack Obama voted FOR the bill as did Mr.Anti-earmarks John McCain. The bill is now approximately worth about $850 Billion.

If you have a strong stomach you can read the bill here.

Lenadams Dorris shows us just a tiny fraction of the pork added to this bill…

Title III

Sec. 308 – Increase on limit on cover over of rum excise tax to Puerto Rico and the Virgin Islands
Sec. 309 – Extension of economic development credit for American Samoa
Sec. 310 – Extension of mine rescue team training credit
Sec. 314 – Indian employment credit
Sec. 316 – Railroad track maintenance
Sec. 317 – Seven year cost recovery period for motorsports racing track facility
Sec. 319 – Extension of work opportunity tax credit for Hurricane Katrina employees
Sec. 322 – Tax incentives for investment in the District of Columbia
Sec. 325 – Extension and modification of duty suspension on wool products; wool research fund; wool duty refunds
Title IV

Sec. 401 – Permanent authority for undercover operations
Sec. 402 – Permanent authority for disclosure of information relating to terrorist activities
Title V

Subtitle A – General Provisions

Sec. 502 – Provisions related to film and television productions
Sec. 503 – Exemption from excise tax for certain wooden arrows designed for use by children
Sec. 504 – Income averaging for amounts received in connection with the Exxon Valdez litigation
Subtitle B – Paul Wellstone and Pete Domenici Mental Health Parity and Addiction Act of 2008

Sec. 512 – Mental Health parity

Title VI

Sec. 601 – Secure rural schools and community self-determination program
Sec. 602 – Transfer to abandoned mine reclamation fund

The bill is being planned to go before the House of Representatives once again for a vote on Friday, and the way Washington works it seems the pork barrel earmarks added may just be enough to push this down the throats of American taxpayers after the mega-dose of fear that has been thrown at them.

As I posted before…Concerned About The Bailout? CALL (202) 224-3121

Senator Dianne Feinstein stated she received 91,000 calls and emails with 85,000 of those against the bailout bill, although she still tries to sell it by saying the people don’t understand the bailout bill…