Congress Wants More Giveaways to Big Oil

Bush’s allies in Congress are using high gas prices as another excuse for massive giveaways to the oil industry. The Los Angeles Times reports that conservative “leaders in Congress announced plans to introduce new legislation or amend existing measures to bestow more tax breaks on the industry and provide other incentives left out of the big energy bill Bush signed into law in August.”

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Katrina: Republican Excuse to Continue Regressive Agenda

With great fanfare, and recalling the “Gingrich Revolution” of the 1990s, House conservatives yesterday proposed a broad set of spending cuts they said would help offset the costs of the Katrina reconstruction effort. Their plan reduces the budget by $500 billion over 10 years, and does so in large part by dismantling programs that invest in middle- and working-class Americans.

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Texas Rep. Joe Barton Finds Silver Lining of Katrina Disaster

In the wake of Hurricane Katrina, lawmakers of all political stripes have used the “political climate suddenly altered by the hurricane to try to advance long-stalled, sometimes controversial initiatives.” For example, Texas conservative Rep. Joe L. Barton is once again fighting to open up fragile coastal regions to offshore oil drilling, an idea that languished in Congress earlier this year.

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Sen. Frist; Insider Trading Or Sudden Bout of Ethics?

Stock prices for Hospital Corporation of America (HCA) fell 15 percent in late July, but not before Sen. Majority Leader Bill Frist unloaded his family’s shares. HCA is the nation’s largest for-profit hospital chain, founded by Frist’s father and directed by Frist’s brother, who is also a leading stockholder.

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Alaska Lawmaker Refuses to Give Up Pork for Katrina Relief

While Sen. John McCain has raised the idea of “charitable pork” — lawmakers giving up pet projects to help Hurricane Katrina victims — and Montana is considering giving up the $4 million it received in a federal bill for a downtown parking garage, Alaska Sen. Don Young is proud to remain a “little oinker.”

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