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Revised financial bailout bill dangles pork to lure votes
News
Revised financial bailout bill dangles pork to lure votes
For most, race cars have little to do with the $700 billion economic recovery plan lawmakers will consider Friday. But in Congress, they could make a difference. That's because Rep. Frank LoBiondo, R-N.J., who voted against the bailout, now must decide on a revised bill that carries a tax break for owners of motorsports complexes, a proposal he has supported in the past. From income tax breaks that could affect millions of Americans to tax breaks for racetracks, the economic recovery bill scheduled for a vote Friday is loaded with provisions that may tempt House members who previously voted "no" to change their mind. Full Article
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