| The windfall profits bill (S3044) will probably come up first and is intended to address high oil and gasoline prices. In addition to a new tax and the repeal of tax breaks for major oil companies, the bill has a price-gouging provision and also allows the Justice Department to bring anti-trust actions against OPEC. This one is unlikely to get the 60 votes needed to avoid a filibuster and President Bush has threatened a veto.
__________________ 'You have enemies? Good! You must have stood up for something, sometime in
your life!' Winston Churchill |