The incoming majority

Posted: Thursday, November 30, 2006 9:04 AM by Mark Murray
Filed Under: Congress, Democrats

"Business groups, encouraged by the narrowness of the Democrats' majority in the U.S. Senate for the next two years, are laying plans to block or limit efforts to increase taxes on oil-company profits and curb prescription-drug prices," says Bloomberg.

McClatchy delves into the Border Patrol background of Rep. Silvestre Reyes (D), the seemingly likely new House Intelligence Committee chair, noting that "[h]e isn't talking now, but when McClatchy News Service asked him earlier this month whether he wanted the chairmanship, he said, 'Of course. That would be a tremendous challenge that I would look forward to.'" The article also notes that the "ability of the even-tempered Reyes to work with Republicans would help, as would his solid Democratic credentials."

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Comments

I hope these oil abd drug monopolies try to stop legislation that would take them off the public dole while they rack up billions in profits. Both need to be scrutinized and reigned in. There current tax breaks and federal handouts eliminated. They need to pay royalties on a sliding scale based on price. Hopefully the Republicans will try to block, the Democrats will show the American people, and the Republican Party will be in the monority forever !!

AMAC (Sent Thursday, November 30, 2006 1:48 PM)

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