Bailout Bill Passes Senate
After sufficiently loading it up with some pork, the Senate passed the bailout bill this evening by a vote of 74-25 and it will now head to the House for a vote on Friday. This should come as happy news if you happen to have an interest in archery and rum production: The bill will now eliminate the 39-cent excise tax on wooden arrows designed for children as well as reduce the taxes imposed on companies that import rum from the Virgin Islands. Seriously. Really. Ah, yes, another day in Washington.