InvestorsHub Logo
Followers 7
Posts 6639
Boards Moderated 0
Alias Born 09/27/2001

Re: SoxFan post# 313501

Thursday, 02/07/2008 9:05:11 AM

Thursday, February 07, 2008 9:05:11 AM

Post# of 495952
PORKBUSTERS UPDATE: There's going to be a big earmark vote in the House tomorrow:

Disappointed by House Speaker Nancy Pelosi’s (D-CA) rejection of House Republican calls for an immediate moratorium on all taxpayer-funded earmarks, House Republicans will force a vote on the issue tomorrow, House Republican Leader John Boehner (R-OH) and Whip Roy Blunt (R-MO) announced this afternoon. The leaders said House Republicans will force the earmark reform vote as a higher education authorization bill comes to the floor containing what many argue is a taxpayer-funded slush fund for colleges and universities. . . .

Three GOP members of the House Appropriations Committee — Reps. Jack Kingston of Georgia, Frank Wolf of Virginia and Zack Wamp of Tennessee — have authored legislation that would bring the earmark process to a halt and establish a panel to identify ways to permanently change the spending process. Kingston-Wolf-Wamp has been cosponsored by 129 House Republicans, including the entire House Republican leadership team. However, Speaker Nancy Pelosi, who as leader of the Democrat-controlled House has the power to shut down the chamber’s earmarking process immediately, declined to support the measure or the proposed moratorium.

It'll be interesting to see how the vote go


Seems like it's the dems here sandbagging earmark reform.

Imagine that!!!!!

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.