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The time is 18:00 (UTC) on July 4th, 2006, and this is Audio Wikinews News Briefs.

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Saturday, October 4, 2008

The U.S. Senate passed a revised bailout bill designed to help the struggling U.S. financial economy, which has measures nearly identical to the bill rejected by the U.S. House of Representatives on Monday.

“Senate Democrats and Republicans believe it is essential that we work quickly on this important legislation to restore confidence to our financial system and strengthen the economy,” said Senate Majority Leader Harry Reid.

The new revisions include raising the FDIC insurance cap to $250,000, a move designed to please progressives. However, the $110 billion in tax breaks, earmarks and what has been called pork barrel spending is not offset by any increases in revenues and has added opposition to the bill from some Representatives in the House.

Earmarks added into the bailout bill included $192 million in tax rebates for the Virgin Islands rum industry, $148 million in tax cuts for the wool industry, $100 million tax cuts to the auto racing industry, and $48 million in Hollywood tax incentives.

Vice President of Taxpayers for Common Sense, Steve Ellis, offered his explanation for the pork and earmarks added in. “People who support some of these provisions will forget about the $700 billion and concerns they may have on that, and say, ‘If you give me a few million in tax breaks for my constituents, I’ll go along'”.

The tactic seems to have worked, however, managing to flip enough votes to pass the bill.

“The inclusion of parity, tax extenders and the FDIC increases has caused me to reconsider my position,” said Representative Jim Ramstad (R Minnesota), who voted against the previous bill on Monday. “All three additions have greatly improved the bill.”

But Representative Marcy Kaptur (D Ohio) was not changing her no vote. “I will not support this legislation because it’s the wrong medicine,” she said.

The Senate took H.R.1424, a bill originating in the House concerning “equity in the provision of mental health and substance-related disorder benefits under group health plans, to prohibit discrimination on the basis of genetic information with respect to health insurance and employment,” and extended it with the bailout provisions.

H.R.1424 was introduced on March 9, 2007, by Rep. Patrick Kennedy (RI-1) and had the support of First Lady Rosalind Carter. It is noted on the Congressional Website that “On 10/1/2008, the Senate passed H.R.1424 as the vehicle for the economic rescue legislation. In the EAS version of the bill (Engrossed Amendment as Agreed to by the Senate), Division A (pp.1-110) is referred to as the Emergency Economic Stabilization Act of 2008; Division B (pp. 110-255) is referred to as the Energy Improvement and Extension Act of 2008; and Division C (pp. 255-441) is referred to as the Tax Extenders and Alternative Minimum Tax Relief Act of 2008.” It was not treated as an appropriations bill in the House.

There were two votes in the Senate. The first was to amend H.R.1424, which required 3/5 to be accepted, which it was. The second was a vote on the bill. Passage of the Bill required only a 1/2 majority. It was passed with 74 yeas and 25 nays. Senator Kennedy did not vote.

Thursday, July 16, 2009

A tanker explosion on Interstate 75 has destroyed a part of the Nine Mile Road overpass in Hazel Park, Michigan, a northern suburb of Detroit. One man, truck driver Ronald Martinez, has been killed and only 4 injuries have been reported.

On July 15, 2009 at about 8:15 PM EST, a tanker carrying thousands of gallons of gasoline collided with a semi-truck from Meijer grocery stores, causing an explosion that resulted in heavy black smoke that could be seen for miles.

It is believed that the tanker was clipped from behind by driver Saied Haidarian-Shahri, 27, of nearby Clawson. The tanker’s two parts broke in half when a semi-truck rammed into the gasoline-filled tanker and it exploded. The driver of the semi-truck sustained only minor injuries.

Saied Haidarian-Shahri was a relatively new driver, getting his license within the past 6 months. Reports say he was doing 70 mph in a 50 mph zone, called the “9 Mile Curve”, along the Chrysler Freeway. There were no traffic violations on his license. He has been blamed for causing the accident.

The explosion resulted in the collapse of the Nine Mile Road overpass over the freeway. The Michigan Department of Transportation (MDOT) has decided that the rest of the overpass cannot be saved.

MDOT has closed down the freeway between Interstate 696 and Eight Mile Road both northbound and southbound. Local streets surrounding the site have been closed too. This is expected to cause trouble for commuters who travel one of the most used freeways in the metro area.

About 2,000 residents of Hazel Park are now without power due to the accident.

The time is 17:00 (UTC) on May 21st, 2006, and this is Audio Wikinews News Briefs.

Wednesday, March 25, 2009

A New Jersey state senator has filed a lawsuit seeking to overturn a federal law banning sports betting in 46 states.

State Sen. Raymond Lesniak, a Democrat representing portions of Union County, filed the suit Monday, arguing the 17-year-old law is unconstitutional because it treats four states differently than the other states.

Under the law, sports betting is prohibited in all states except Delaware, Oregon, Montana and Nevada, although only the latter two currently allow wagering.

“This federal law deprives the State of New Jersey of over $100 million of yearly revenues, as well as depriving our casinos, racetracks and Internet operators of over $500 million in gross income,” Lesniak said in a statement to the press.

The 39-page lawsuit is believed to be the first challenge to the Professional and Amateur Sports Protection Act of 1992. New Jersey missed a 1994 deadline that would have allowed it to join the other states when the law was implemented.

Atlantic City officials and their political allies have argued allowing sports betting would give all the states a new source of revenue needed in the face of a staggering recession.

New Jersey Governor Jon Corzine was not involved with the lawsuit, but he said legalizing sports betting would help Atlantic City and said it was “worth pursuing”.

Legalizing sports betting in New Jersey could bring the state more than $50 million in annual tax revenue, according to officials from the Interactive Media Entertainment & Gaming Inc., a Washington, D.C.-based consultant for the electronic gaming industry, which joined Lesniak as a plaintiff in the lawsuit.

“This is about more than revenue,” said Joe Brennan Jr., chairman of Interactive Media Entertainment. “It’s about jobs and economic activity.”According to 1999 study, $380 billion in illegal sports betting occurs in the state each year.

New Jersey, in particular, is facing a difficult budget season, and the Atlantic City casinos are in what the Associated Press called a “financial meltdown”. Eleven of the city’s casinos suffered their biggest revenue decline in 30 years last month.

Delaware is reported to be considering regulating sports betting, which New Jersey backers of the lawsuit said adds a sense of urgency to the issue.

“We cannot afford to be naive about illegal sports betting,” New Jersey State Sen. Jeff Van Drew said in a statement to the press. “It’s happening right now, and is funding other criminal enterprises which are far more dangerous.”

The New Jersey Thoroughbred Horsemen’s Association, the Thoroughbred Breeders Association of New Jersey and the Standardbred Breeders & Owners Association of New Jersey were also listed as plaintiffs in the lawsuit.

Saturday, September 9, 2006

Ralph Bucky Phillips, a long-time New York fugitive, has been caught. He was arrested on Friday in Warren County, Pennsylvania at about 8:15 pm ET. He was unarmed and unhurt when he surrendered. The police had cornered him in a field just over the Pennsylvania border. The police had moved closer to Phillips. Just before nightfall, 25 SWAT officers and 12 dogs swept through a field where he was suspected to be hiding. He gave up at around 8:00 pm local time. Phillips surrendered, with his hands up in the air.

“A few of my guys had spotted him in an open field, the helicopter zeroed in on him,” said Lenny DePaul, commanding officer of the US Marshals Service fugitive task force. “Very good news,” he said.

Friday’s search started just before 2:00 am.

Phillips looked dirty and exhausted in a photo of him in the back of the police car. He spoke with one-word answers, answering “yes” when asked if he was Ralph Phillips, and also if he had received a copy of the federal complaint charging him with unlawful flight to avoid prosecution.

Phillips was taken to a jail in Buffalo. He will appear in court today, facing a charge of attempted murder in connection with the shooting of a state trooper on June 10.