Video: Crowded caucus at Carver
Photos: Election day around Waco
Audio: ChelseaHome > The Listening Post > Archives > 2008 > January
January 2008
Chet questions Fed chair on Bush tax cuts, stimulus package
Last week, U.S. Rep. Chet Edwards, D-Waco, questioned Ben Bernanke, Federal Reserve System Chairman, on the short-term impact of making the Bush tax cuts permenant, the effectiveness of a $100 billion stimulus package on the economy and fiscal discipline.
Bernanke responds that the primary impact of the Bush tax cuts would be on long-term economic growth. He also says he is in favor of the “law of arithmatic” when it comes to paying for tax cuts.
“What comes in has to equal what goes out at some point,” Bernanke says. See it for yourself here.
Permalink | |
Jonathan Sibley gets $152,000 campaign boost from father
Jonathan Sibley, who is campaigning to oust state Rep. Charles “Doc” Anderson, got a $152,000 boost from his father, former state Sen. David Sibley, according to finance reports filed Tuesday.
Even after spending $118,518 since entering the race in August, the contribution from David Sibley kept Jonathan’s amount of cash in the bank as of Dec. 31 at $113,795, about three times more than Anderson’s $40,064. Jonathan Sibley also took out a $50,000 loan to finance his campaign.
Minus the loan and his father’s money, Jonathan, a 27-year-old lawyer, took in $33,023 in campaign donations and in-kind contributions.
“I am proud to have broad-based support for my campaign from throughout the district,” Sibley said in a news release. “I am also proud to have the backing of my family and friends. My strategy is simple, campaign one voter at a time and let the voters see my opponent and I stand shoulder to shoulder at debates across the district.”
Another big contributor to Sibley’s campaign included Waco investment advisor Bill Clifton, who gave $2,000. Keller residents David Reid and Rachel Reid also gave $3,000 each to Sibley.
Anderson, a 62-year-old veterinarian who has served two terms in the Texas House of Representatives, took in $51,338 in campaign donations and in-kind contributions. His single largest campaign contributor was Houston home builder Bob Perry, who gave $10,000.
Anderson spent $31,268 on campaign activities since July 1, according to his finance report.
Other large Anderson contributors included the Independent Bankers Association, the Texas Veterinary Medical Association and West convenience store owner Bill Polk, who each gave $2,500. The Texas Credit Union League gave Anderson $2,000.
Permalink | |
Chet visits Kansas military base
U.S. Rep. Chet Edwards, D-Waco, toured a major expansion project at Fort Riley, the home of the Army’s First Infantry Division, according to a report in the Kansas City Star.
Edwards, chairman of the House approrpiations subcommittee over military construction, said the purpose of the trip was to “listen and learn” about the issues facing military commanders as they work to expand the base, according to the Kansas City Star article. Military planners are working to double troop levels at the base from 10,000 in 2005 to 20,000 in 2013.
The Army has initiated a brisk construction schedule at Fort Riley to build new barracks, support facilities and a new headquarters for the division, which was in Germany for a decade, according to the newspaper. More than $820 million in construction projects are either under way or scheduled in the coming months, including completion of $280.5 million for the division’s aviation brigade, currently serving in Iraq.
Permalink | |
