06 October 2008

Political Head-Scratching

I will try to make this the ONLY thing I say about the so-called Bailout Bill on this blog. It is relevant because it has to do with fibery goodness.

  1. Sec. 325. Extension and modification of duty suspension on wool products; wool research fund; wool duty refunds
    The tariff relief (duty savings) is intended to benefit U.S. worsted wool fabric producers that use imported fibers and yarns as inputs, as well as U.S. tailored clothing manufacturers that use imported fabrics as inputs. This provision was originally introduced as a bill in December 2007 by Reps. Louise Slaughter (D-NY) and Melissa Bean (D-IL). It extends current law provisions until 12/31/14, and in some cases to12/31/15. The 2010 to 2015 cost is estimated to be $148 million.

My representative voted Nay... which shows that Congresscritters actually listen to their constituents, even when they have little idea what's actually going on in the world outside the Capitol. And you can guess how strongly I felt about the bailout bill when I opposed something that contained a benefit to a segment of the fiber industry. But my opposition to the bailout bill is a subject for another blog.

I posted this because I thought it was a strange, strange project to tack on... if you're interested in finding out more, there's an excellent "Top Ten Pet Projects" list on the taxpayer.net link below.

Source: taxpayer.net, courtesy of stabbycat.

1 comment:

CraftyGryphon said...

Oh my heavens, how did I miss that provision when I was reading this thing? My brain must have been full....