Heller only Nevada legislator to vote against $700 billion bailout

Discussion: 9 comments so far…

1. By Envirodoc007

   10/3/08 at 11:25 a.m.

   Comment removed by staff.

2. By revtomperl

   10/3/08 at noon

   Suggest removal

   one got it right - maybe far right?

3. By KDR81

   10/3/08 at 1:07 p.m.

   Suggest removal

   Good for Heller, the only one to get it right.

4. By texexnv

   10/3/08 at 2:37 p.m.

   Suggest removal

   Here's a short list of what Heller said "No" to that Boss Reid and Berkley said "Yes" to:

   Increase in Limit on Cover Over of Rum Excise Tax Revenues (from $10.50 to $13.25 per proof gallon) to Puerto Rico and the Virgin Islands (sunset 12/31/09) $192,000,000
   Economic development credit for American Samoa (sunset 12/31/09) $33,000,000
   Deduction allowable with respect to income attributable to domestic production activities in Puerto Rico (sunset 12/31/09) $243,000,000
   Extension and modification of credit to holders of qualified zone academy bonds - allocations of bond authority (sunset 12/31/09) $379,000,000
   Indian employment tax credit (sunset 12/31/09). $119,000,000
   Accelerated depreciation for business property on Indian reservations (sunset 12/31/09) $295,000,000
   50% tax credit for certain expenditures for maintaining railroad tracks; permit credit against the AMT $331,000,000
   7-year recovery period for certain motorsports racing track facilities $100,000,000
   Expensing of "Brownfields" environmental remediation costs $357,000,000
   Work opportunity tax credit for Hurricane Katrina employees $29,000,000
   Extension of increased rehabilitation credit for structures in the GO Zone $50,000,000
   Enhanced charitable deduction for qualified computer contributions $356,000,000
   Tax Incentives for Investment in the District of Columbia $179,000,000
   Tax treatment of certain income received in connection with the Exxon Valdez litigation (3-year income averaging with maximum retirement plan contribution of up to $100,000 $49,000,000
   Reduce the recovery period for certain farming business machinery or equipment from seven to five years +$7,000,000
   Modification of penalty on understatement of taxpayer's liability by tax return preparer $22,000,000
   Parity in mental health and substance use disorder benefits $3,900,000,000
   Provisions relating to film and television productions $397,000,000
   Extension and modification of duty suspension on wool products; wool research fund; wood
   duty refunds $148,000,000
   Exemption of excise tax on certain wooden arrows designed for use by children $2,000,000
   Credit to holders of Midwestern tax credit bia 12/31/08 & bonds $152,000,000
   Extend enhanced charitable deduction for contributions of book inventory $49,000,000
   15-year straight line cost recovery for qualified leasehold, restaurant and retail improvements and new restaurants $8,721,000,000

5. By avatar

   10/3/08 at 4:39 p.m.

   Suggest removal

   The government reported employers cut 159,000 jobs last month, the ninth straight month of job losses.

   Looks more and more like the R word. Recession.

   Washington will never get it.

6. By KeepNVStrong

   10/3/08 at 9:53 p.m.

   Suggest removal

   Trust Dean to get it totally wrong for Nevada.

   The Emergency Economic Stimulus Act of 2008 should have been called the Nevada Boom Act of 2008. The bill includes the much-needed 8-year extension of the tax policies for solar power, a 2-year renewal of the geothermal tax policies, and a 1-year renewal of the wind tax policies.

   BLM Las Vegas has applications for well over $50B of future solar projects to be built in southern Nevada. With casino and residential construction way off, it's gonna be great having some big construction projects that also give us stable electricity prices.

   Probably this ain't enough to stave off recession country-wide, but it's one huge shot in the arm for Nevada.

   Maybe Dean prefers the recession option.

7. By jfnance32

   10/3/08 at 11:37 p.m.

   Suggest removal

   In ten years when Solar and wind boom will be done then our electric bills will double.

   The brand new state-of-art Solar One project generates power at 2.4x's the current price of energy.

   Hold onto your wallets....we are getting sucker into another Democratic scam, like the sub-prime give every minority a house scam that we are now paying for.

8. By texexnv

   10/4/08 at 9:15 a.m.

   Suggest removal

   I suppose NVStrong is elated because none of this orgy is actually PAID for...it was just added to the national debt.

   What we witnessed - and Heller was the ONLY NevaDUHan to oppose it - was a mob smashing the windows and breaking into the U.S. Treasury to loot a TRILLION dollars in the last month.

   Oh, Goodie! Goodie! We stole some wind turbines while Wall Street drove off in new Rolls Royces.

   Excuse me while I hurl here.

9. By tokaloshe

   10/4/08 at 5:37 p.m.

   Suggest removal

   You gotta love that maverick heller, hey dean,
   just could'nt get on board with that one eh?
   Heres an idea,
   I say we boost the whole thing up to 3 trillion,
   everyone gets a new house not just minorities, and, throw in a home equity line of credit because everyones gonna want to do improvements, besides home depot has needed a boost since 06.
   I don't want to hear anybody say my grandchildren will have to pay for this, (like you really care about how much money they will have) besides they can charge the whole thing to their grandchildren, who do you think is paying for social security today? not grandparents i'll tell you that.
   Don't get me wrong the three trillion is just to get the party going we'll need more later
   because the people who administer the program will have to have oversight, and the people who do the oversight are the ones i am really worried about, (honest people are expensive, so we'll need another trillion just for that).
   So, better go pick out your new McMansion because with demand coming prices are going up friends!

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