As you know, a lot of other interests not related to mortgage finance or liquidity of markets were included in the bill as $150 billion in spending was added to attract support for the measure including:
1. $18 billion in clean-energy tax credits
2. $8 billion for hurricane and flood victims
3. $192 million to provide a 98% excise tax cut on imports of rum from Puerto Rico and the U.S. Virgin Islands
4. $397 million in incentives for film and TV companies
5. $2 million to exempt children’s wooden practice arrows from a 39-cent excise tax
6. $49 million for fishermen affected by the Exxon Valdez oil spill
7. $33 million for economic development in American Samoa
8. $4 million to train mine-rescue teams
9. Over $100 million for businesses on Indian reservations
10. $331 million for short-line railroads
11. $100 million for NASCAR
12. $148 million for the U.S. wool fabric industry.
1. $18 billion in clean-energy tax credits
2. $8 billion for hurricane and flood victims
3. $192 million to provide a 98% excise tax cut on imports of rum from Puerto Rico and the U.S. Virgin Islands
4. $397 million in incentives for film and TV companies
5. $2 million to exempt children’s wooden practice arrows from a 39-cent excise tax
6. $49 million for fishermen affected by the Exxon Valdez oil spill
7. $33 million for economic development in American Samoa
8. $4 million to train mine-rescue teams
9. Over $100 million for businesses on Indian reservations
10. $331 million for short-line railroads
11. $100 million for NASCAR
12. $148 million for the U.S. wool fabric industry.
Who knew this was what was wrong with the economy!?!?! I am SO GLAD that Congress acted so quickly. It really help Wall Street so far!
WHATEVER!
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