“Baucus’ Finance Committee passed a bill
in August extending 50 expiring deductions and credits for favored
industries. At Obama’s insistence, the Baucus bill was cut and pasted
word for word into the cliff legislation…
Pick any one of the special-interest tax
breaks extended by the cliff deal, and you’re likely to find a former
Baucus aide who lobbied for it on behalf of a large corporation or
industry organization.”
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