** Senate Majority Leader Harry Reid (D-NV) issued his ‘Reid Report’ this week including his endorsement of the Webb-Hagel New G.I. Bill. Senator John Ensign (R-NV) has yet to sign on as a co-sponsor of this measure.
“This week, the Senate will consider an emergency spending bill to change course in Iraq and give our veterans and troops the support they deserve. I am particularly proud of the 21st Century G.I. Bill of Rights, which accomplishes one of the top Democratic priorities: ensuring that our support for the troops does not end with their tours of duty. The bipartisan G.I. Bill – cosponsored by more than half of the Senate, more than half of the House, and most of our nation’s leading veterans’ organizations – will give this newest generation of veterans the same opportunities enjoyed by World War II veterans. It helps a large and deserving group of young men and women readjust to the civilian life we enjoy because of the sacrifices they make. It rewards those who choose to serve in our military and will strengthen our economy. Providing our troops with access to a college education once they return home from Iraq or Afghanistan would cost as much over one year as the Iraq War costs in just 10 days.”
Updated information on the bill is available from the IAVA. VoteVets.Org responds to Senator John Cornyn’s accusation that “The anti-war crowd is determined to use our men and women in uniform for their political advantage, even if our national security is jeopardized in the process," saying: “Senator Cornyn's response to veterans is ignorant, insulting, and beneath his office. The GI Bill has nothing to do with the decision to go to war, or the course in Iraq, nor would it jeopardize security. The GI Bill was a sacred promise enacted by President Roosevelt, and all we are asking for is that America not default on that promise." Friedman added, "Further, to accuse veterans of using ourselves as a political football is pernicious and absurd. Apparently, veterans do not have the right to ask Senator Cornyn to do the right thing, or else we'll be smeared. At least we now know what Senator Cornyn thinks of those of us who served this nation in combat.”
OMB Watch’s Bulletin describes the political maneuvering: “On the other side of the capital, Democratic Senate leadership unexpectedly employed a parliamentary maneuver to strike approved Appropriations Committee domestic spending language and replaced it with a version similar to that of the House. A vote on the war spending bill is not expected until after the Memorial Day recess.”
** The Democratic National Committee has this to say about McCain and his entourage of lobbyists on the Weasel Wagon: “This past Sunday, John McCain defended the situation by telling reporters that his lobbyist advisers are "not in the lobbying business; they've been out of that business. And just yesterday, John McCain said he wants to have "the most comprehensive and transparent of any presidential campaign in history" when it comes to lobbyists. How can that be true when people like Charlie Black admit he's conducting his lobbying business on the back of the bus?”John McCain and his campaign can't have it both ways. On the one hand, he says "ethics and transparency are not election year buzz words." But, on the other hand, he and his top campaign advisors have no problem fudging about their lobbying records. When pressed on the discrepancy, they give a flip excuse: Americans don't care.” The DNC invites you to demonstrate your concern here.
** The FEC deal has broken down. “The Federal Election Commission will remain dormant for at least a few more weeks after private negotiations between the White House and Democratic Senate leaders devolved into a political standoff Wednesday.” [Roll Call, sub req] Senate Democrats could not get the Bush Administration to agree to a deal to impanel five nominees before Memorial Day, nor reach agreement on numerous other appointments to other executive agencies. Senate Majority Leader Harry Reid (D-NV) will likely keep the Senate in pro forma sessions over the break to prevent President Bush from making recess appointments to avoid confirmation.
Common Cause has weighed in with a letter to Senator Diane Feinstein (D-CA) on this subject.
** What we don’t know can cost us. Senator Claire McCaskill (D-MO) is closer to getting her “federal contractor misconduct database” bill (S. 3001 section 831) to the Senate floor, but lacking support from members of the Armed Services, Homeland Security, and Governmental Affairs committees she may have to restrict the access to the database to government officials. The House of Representatives passed a similar bill sponsored by Representative Carolyn Maloney (D-NY) that does not contain this restriction. [Gov Exec] The Project on Government Oversight [POGO] supports opening the database to the public.
Compare the previous restriction of public access to the massive surveillance program for “national emergencies” (Main Core) the Bush Administration is compiling to find out about the rest of us. [Think Progress]
More on Main Core from Radar Online, Cryptogon, Digby, FireDogLake, but where’s the Associated Press? Reuters? Washington Post? New York Times?
** If we’re bring freedom to the Iraqi people, then why did the U.S. Commission on International Religious Freedom release its May 2nd report listing 11 countries of “particular concern,” noting that while Iraq wasn’t on the official list, “it (the commission) remains seriously concerned about religious freedom conditions in Iraq.” The Pew Center explains why.
** Economic diminution: (if we can’t say depression or recession, how about “diminution?) “Fed sees economy getting worse,” [CNN]
The Oil Bid’ness: “Crude takes the money and runs” [MrktWtch]
“New Report: “Oil companies’ record profits going to execs and stock buybacks, leaving energy alternatives behind” [HouseGW] The Oil Giants have spent about $10 million in research and development of renewables, about $76 million for executive compensation, and nearly $31.8 billion on stock buybacks. Meanwhile they’ve fought like badgers to keep $18.5 billion in tax breaks they are expecting to receive in the next ten years.
“House debates Renewable energy and job creation act” [Gavel]
“American Air to cut ‘thousands’ of jobs, capacity” [BNews] … and charge you for wanting to bring a suitcase. [Reuters] Guess what their overhead bins are going to be like?
The Mortgage Meltdown: “UBS sells subprime assets to BlackRock” [BusWk]
“UBS gets shortchanged” [Forbes]
“How mortgage firm Delta Financial Corp. collapsed” [Newsday]
“How government is like a subprime mortgage borrower” [Jay Hancock, Balt Sun]