Automakers gained $25 billion in taxpayer-subsidized loans and oil companies won elimination of a long-standing ban on drilling off the Atlantic and Pacific coasts as the Senate passed a sprawling spending bill Saturday.
The 78-12 vote sent the $634 billion measure to President Bush, who was expected to sign it even though it spends more money and contains more pet projects than he would have liked.
Tuesday, September 30, 2008
While The Nation Sleeps
While we were all fixed on the the banking bailout shenanigans, the Senate passed another bailout when they approved $25 billion in taxpayer funded loans for US Automakers yesterday. Oh and the Democrats completed their total capitulation on offshore drilling at the same time...