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Tag Archive: Sen. John Ensign

$4.5 billion-dollar tariff break back

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Among the tariff suspension bills considered by the 110th Congress, which went out of business before passing any of the them, one stood out: the Affordable Footwear Act. Most tariff suspension bills--which temporarily reduce taxes on imported goods--have only one sponsor. This one drew 157 co-sponsors. Most tariff bills benefit one firm, or at most a handful of firms; this one was accompanied by 111 pages of letters, all but three of which were from supporters. Most tariff bills cost the Treasury at most a couple of million while they're in effect; this one had at 2009 price tag ...

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