Subsidies: Big Oil and Others

If I give you $1 every year, would you give me $59 in return every year? Chances are, you wouldn't. However, if I were an oil company and you were a member of Congress that's exactly what happens, except you aren't giving out your money.

#Fail

That seems to sum up (as of this writing, which is shortly before the Super Committee deadline) the rather expected results of the work of said Super Committee.

Today’s HCR Vote Program

So today is the day, and today is when we get to know whether Nancy Pelosi and President Obama have been able to pull this one out (Intrade futures on this effort have been going up since early this month -- you can buy at this writing at 92.1). You can use this as a live blogging thread (if you are glued to CSPAN and not out in this glorious weather).