Tom Coburn is my new hero:
Senate Republicans yesterday stripped a special $246 million tax break for Hollywood producers from President Obama's stimulus package.Of course RINO Arlen Specter was one of the few Republicans to sign off on BO's bogus stimulus plan. Specter is an embarrassment, with the likes of his kind the GOP needs Norm Coleman to defeat Al Franken BAD in Minnesota, thank goodness Coleman received some really good news today.
"This isn't stimulus. This is a gift," said Sen. Tom Coburn (R-Okla.), who wrote the amendment to strike out the giveaway for some of the Democrats' most generous political supporters.
"It's not going to stimulate the economy at all," he said. "What it's going to do is line the pockets of very wealthy individuals already not experiencing the downside of the economy."
The 52-45 vote was largely along party lines, with nearly every Republican voting to remove the Hollywood tax break, joined by 13 Democrats and independent Connecticut Sen. Joe Lieberman.
Under the measure, Hollywood moguls would have been allowed to write off half the production and filming costs of big-budget films and TV shows.
Backed by Walt Disney and the Motion Picture Association of America, the provision amounted to an estimated $246 million tax break over 11 years.