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Tipsheet

Congress has Bailout Fever: Banks, Cars, Post Offices?

Democrats moved one step closer today to bailout out the country's dwindling postal service to the tune of $4 billion to help cover retirement benefits for its employees.  The postal bailout plan has been attached to a stop-gap spending bill that's scheduled to come before the House and Senate during the next week. 
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According to Politico, the impact of the bailout on taxpayers is "controversial."  There's been very limited talk of a possible bailout of the postal service, but it has now been attached to the must-pass spending bill to keep the federal government funded for the first month of the upcoming fiscal year. 

House Appropriations Committee Chairman David Obey (D-Wis.) pointed to fact that Republicans had used a similar ploy three years ago when they were in power and insisted he had been upfront about the tactics in a public meeting. But his ranking Republican, Rep. Jerry Lewis of California, said the whole strategy was “one of the most cynical legislative maneuvers I’ve ever seen.”

I love how liberals point to prior precedents to justify crooked things.  Newsflash: If it was wrong when the Republicans did it, it's still wrong now that Democrats are trying it.

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