Wednesday, January 7, 2009

What's in a name.

Gabriel Malor at Ace of Spades has the list of the first ten bills ready to go through the Senate. If going by the names, they all sound peachy keen.


S.1 -- American Recovery and Reinvestment Act of 2009.

S.2 -- Middle Class Opportunity Act of 2009.

S.3 -- Homeowner Protection and Wall Street Accountability Act of 2009.

S.4 -- Comprehensive Health Reform Act of 2009.

S.5 -- Cleaner, Greener, and Smarter Act of 2009.

S.6. -- Restoring America’s Power Act of 2009.

S.7 -- Education Opportunity Act of 2009. .

S.8 -- Returning Government to the American People Act.

S.9 -- Stronger Economy, Stronger Borders Act of 2009.

S.10 -- Fiscal Responsibility Act of 2009.


Don't let the names fool you.

S.1 -- American Recovery and Reinvestment Act of 2009. This is the stimulus package. Democrats are halfheartedly trying to reach out to Republicans on this one. Bully for them, but I'm with Ace about trading one-time tax relief for long-term intervention.

S.2 -- Middle Class Opportunity Act of 2009. This is where several tax reforms relating to education, the alternative minimum tax, and child tax credits will go. Rumor is that card check could make another appearance as well as last year's failed Ledbetter Law.

S.3 -- Homeowner Protection and Wall Street Accountability Act of 2009. This would more accurately be titled the "No More Mortgages for Anyone Act." This is the Democratic plan to put a moratorium on foreclosures and rewrite existing loan contracts. The predictable result of this meddling is much higher interest rates, even if it doesn't cause a few lending institutions to collapse.

S.4 -- Comprehensive Health Reform Act of 2009. Still a big blank. It could be Obama's plan, which creates a new federal health insurance bureaucracy, penalizes small businesses, places mandates on parents, and forces private health insurers to accept all comers. Don't forget the paperless health system! Or it could be something more like Hillary Clinton's mandatory, universal care. I'm on pins and needles over here!

S.5 -- Cleaner, Greener, and Smarter Act of 2009. Harry Reid had the same bill in 2007. That one didn't go anywhere, but maybe the newer, snappier name will make a difference.

S.6. -- Restoring America’s Power Act of 2009. This one is almost certainly just a pro forma attempt to sound like they've got a clue when it comes to foreign policy. They're not going to step on Obama's toes right off the bat, which means this one's already a dead letter.

S.7 -- Education Opportunity Act of 2009. Same here. Despite the screeching of the teacher's unions, there is no Democratic consensus on education. About the only thing they can agree on is that saying they are "For Education" is good politics. Consequently, they have one like this every time.

S.8 -- Returning Government to the American People Act. Blame Bush: The Law! The idea is to review and possibly legislate away Bush-era regulatory reforms. Regulations from the EPA (but especially the EPA) to the VA and everything in between could face review.

S.9 -- Stronger Economy, Stronger Borders Act of 2009. This is the Artist formerly known as "Comprehensive Immigration Reform." He got a better agent.

S.10 -- Fiscal Responsibility Act of 2009. This is Democratic lip service for the things they've already thrown out the window: pay-as-you-go and deficit reduction.


Many of these have been repeats from last year too. And the year before that.

Thanks to Gabe for his legalese and the cut and paste feature.

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