Tax-breaks fracture FSC revision

Ed Feulner, president of the Heritage Foundation, “explains”: why the Congress has so far failed to pass a law fixing the FSC export subsidies that the WTO found (twice) were illegal, risking an increase in sanctions already being applied by the EU. bq. There ought to be a law against such shenanigans. Unfortunately, we already know it would never pass. (“Heritage Foundation”: UPDATE: the LA Times “reports”:,1,1864041.story?coll=la-news-a_section that, as Feulner predicted, the Senate has passed it’s version of a revision with what Sen. John McCain calls a ‘christmas tree of goodies for ever conceivable special interest’.

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