Requirements to disclose the chemical makeup of fluids used in fracking are often limited by a “trade secrets” provision under which companies can claim that a proprietary chemical doesn’t have to be disclosed to regulators or the public.
So the official story here is that President Obama says he wants to cut the country’s corporate tax rate by seven percentage points, dropping it from 35 percent to 28 percent, which gives him a nice tax-related headline on a day when similar stories are cropping up about the competition.
The Senate has moved to close a loophole that allows fishing concerns in America’s corner of the Pacific Ocean to engage in finning—that’s when you catch a shark, cut off its fin and dump the mutilated, still living-but-not-for-long animal back in the water so it can suffer to death.
Now that President Barack Obama has signed health reform into law, insurance industry lobbyists will turn their attention to trying to cripple it. This will be done under the pretense of improving the reform proposal—or, as they say in the lobbying business, loving the law to death.