Word: giveaway
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...called "synthetic fuel." As such, the coal-like product, along with roughly 50 million tons of similar stuff from more than 50 similar plants in Pennsylvania, West Virginia, Alabama and other states, is worth more than $1 billion a year in federal income-tax credits, a corporate giveaway protected by a bipartisan group of supporters in Congress. Those who have profited from the system range from fast-buck artists to giant corporations. They include one of the nation's largest hotel operators, a commodities trader barred from the industry for fraudulent practices, a chain of electronics stores, an electric utility...
DAWN OF A GIVEAWAY...
...them by the President. This is political posturing of the most cynical sort. Both sides are willing to pass a make-believe bill and postpone the reckoning until after the 2004 election. That way they can claim credit for what will turn out to be little more than a giveaway to the pharmaceutical and insurance industries...
This is just another giveaway for the wealthy! I mean, it's not like Bush is proposing tax breaks for open-toe hobo shoes or raggedy newsboy caps...
...G.O.P. will propose an energy bill that includes drilling in Alaska's Arctic National Wildlife Refuge, long opposed by enviros. Also likely is revival of a proposal to increase logging in some areas to reduce the threat of wildfires; opponents call it a giveaway to the timber industry. Incoming Environment Committee chairman James Inhofe of Oklahoma is pro-industry. It's a dark time for the greens...