The $3.4 billion settlement to the Indian trust fund lawsuit has been removed from a new version of the jobs bill that is being redone in the Senate.
The Senate has been unable to pass H.R.4213,
the American Jobs and Closing Tax Loopholes Act, due to a partisan dispute.
By stripping Cobell and other provisions from the bill, Democrats hope they can overcome Republican objections.
“Reportedly, the bill has been gutted and it is reduced to only 13 pages," plaintiffs' attorney Dennis Gingold told Indian Country Today. "We are looking into other must-pass bills.”
Gingold expects the plaintiffs and the Obama administration to agree to an extension to the settlement in order to wait for Congressional authorization. The current deadline is July 9 -- which will apparently not be met.
“Those problems seemed to get mitigated when you come back to the table,” Gingold told Main Justice. “It’s still early in the year."
Get the Story:
Cobell settlement removed from extenders bill
(Indian Country Today 6/30)
Cobell Settlement Struck From Jobs Bill (Main Justice 6/30)
American Jobs and Closing Tax Loopholes Act:
Press
Release: Baucus, Levin To Release Joint Legislation To Create Jobs, Extend Tax
Cuts for Families and Businesses, Support Americans Looking for Work | Background
and More Information
Cobell Settlement Documents:
Agreement
| Press
Release | Q&A
| Audio
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