HALLIBURTON will continue to increase it's 1.59 Billion windfall without competition.
October 29, 2003, 12:49 PM EST Citing new damage to Iraq's oil industry from saboteurs, the Bush administration Wednesday delayed its planned replacement of a lucrative no-bid contract. Halliburton, paid $1.59 billion so far, could stay on the job until early next year under the new schedule announced by the U.S. Army Corps of Engineers. The new schedule calls for selection of the winning bidders in either December or January, although the Corps said it hoped to award the contracts in December.
Joint Committee on Taxation, says bill provides $142 billion in corporate tax relief.
The bill would repeal the existing tax break, which is valued at about $55 billion over the next 10 years, and add new tax breaks totaling about $142 billion over the same period. This is a miserable failure on the part of lawmakers