Found: Wool Research Fund & Exxon Valdez Pork

What in the world is Wool Research doing in the Bailout Bill passed by the Senate yesterday? Well I found out. The Wool Research Fund is the baby of Democratic Sen. Max Baucus of Montana. He also happens to be the Highest Ranking Democrat on the Senate Finance Committee. According to the the Senator’s website article below, he originally got the Wool Research Fun (originally set to expire in 2007) extended through 2009 as a pork project tied to a “pensions bill”. Now Sen. Baucus found yet another opportunity to extend his pork pet project by piggy-backing the Wool Research Fund to the $ 700,000,000,000.00 mortgage bailout bill.

I wonder if he will brag about this on his website if it gets passed like he did the last time?

EDIT: It appears that Sen. Baucus also tagged on the provision for Exxon Valdez tax revisions. He is very busy with the pork on this bailout bill. I wonder what interest does Montana have in the Exxon Valdez settlement???


Published in: on October 2, 2008 at 5:30 pm  Leave a Comment  
Tags: , , ,

The URI to TrackBack this entry is:

RSS feed for comments on this post.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: