Buy-Partisanship Alive and Well

| December 7, 2000

Buy-Partisanship Alive and Well, Ouch!,
With the nation's eyes distracted by the presidential recount in Florida, it was business as usual for the corporate lobbyists back in Washington. 'On November 15, President Bill Clinton quietly signed a new law that means tens of billions of dollars in tax breaks for a select group of major corporations,' reports the campaign-finance watchdog group Public Campaign, in its weekly update Ouch! How Money in Politics Hurts You. 'The new law, 'The FSC Repeal & Extraterritorial Income Exclusion Act of 2000,' offers an estimated $62 billion in tax relief over the next decade to Boeing Company, General Electric, Monsanto, RJR Nabisco and other companies that are major exporters--and major campaign contributors here at home. It passed the Senate on November 1 and the House on November 14.'
--Leif Utne
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