spend & spend repugs
Sen. Frist Backs Off Oil Co. Tax Increase
WASHINGTON - Senate Majority Leader Bill Frist, under pressure from business leaders, retreated Monday from a plan that would have used a tax increase on oil companies and other businesses to fund a $100 gasoline rebate for millions of motorists.
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Frist gave no indication how the rebate, estimated to cost about $10 billion, will be paid for, although he said he still planned to "find a way to bring our proposals to the Senate floor for a vote."The rebate proposal, meanwhile, seemed to have little appeal among motorists who would benefit.
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Absolutely everyone thinks that this is a bad idea, the repugs have no way to pay for it, yet they are still pushing for it.
More on the reaction to this absurd plan from Americablog
More from Frist - its Clinton's Fault (Think Progress)
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