Thursday, February 25, 2010

More Legislation Introduced

Legislation was introduced yesterday by Senators Ron Wyden (D-OR) and Judd Gregg (R-NH), the Bipartisan Tax Fairness and Simplification Act of 2010, that included provisions to legalize and regulate online gambling. These provisions are similar to the ones in the Consumer Protection and Enforcement Act (H.R. 2267), introduced by Barney Frank last year.
It has been stated that Michael Waxman, spokesman for the Safe and Secure Internet Gambling Initiative said: "With so much media focus on the differences between Democrats and Republicans in Congress, this bipartisan initiative highlights the growing support on both ends of Capitol Hill for replacing the failed prohibition on Internet gambling with a system to regulate the industry, protect consumers and generate billions in new revenue. We applaud Senators Wyden and Gregg for taking the initiative to address and drive this issue."
The senators were to have spoken with the White House Chief of Staff Rahm Emanuel along with other top White House officials in depth about this bill prior to it being introduced.

This is yet another bill, showing members from both sides of the aisle are in agreement to finally be fiscally responsible and use the much needed option for additional tax revenue in the country.

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