On behalf of my distinguished colleague Iain Murray, who is busy speaking at a very important press conference this morning, let me present his prepared remarks on the impending stimulus bill:

Remarks of Iain Murray, Director of Projects and Analysis, Competitive Enterprise Institute

Good morning. Others have already told you what an unutterable waste of money this so-called stimulus package is. I just want to make two points. First, that the American people have been misled about the nature of the bill, and…

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In these troubled times, Congress’ plate is piled high with vital legislative priorities. Naturally, upon getting to work this week, the Senate is zeroing in on the most important of all: taking millions of acres of land that may yield a vast amount of natural gas and other mineral resources and locking them away from development forever. Take that, energy crisis!

Our very own Myron Ebell had something to say about this move in a press release today:

The Bingaman-Reid bill is full…

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