Thursday, May 3, 2007

Unbiased reporting on war funding

Here's an unbiased report from Tax Newsletter-2007, published on the web by CCH Incorporated, concerning new war funding legislation:



White House and Congressional Leaders Begin Talks on Second War Supplemental Bill


Talks began on May 2 between President Bush and bipartisan congressional leaders to reach agreement on an Iraq war supplemental funding bill following the president's veto of the first package (HR 1591) on May 1 (TAXDAY, 2007/05/02, W.1). The second war funding bill will contain the minimum wage increase and small business tax cut proposals that were included in HR 1591.


Following the White House meeting, Senate Minority Leader Mitch McConnell, R-Ky., said that the package needs to be done by Memorial Day. The White House has designated Office of Management and Budget Director Rob Portman, Chief of Staff Joshua Bolten and National Security Advisor Stephen Hadley as its key negotiators. The meeting at the White House focused on procedures for moving a bill forward but was not a negotiating session, congressional leaders said.


By Paula Cruickshank, CCH News Staff