Volume XVI No.28: July 20, 2012
The MTB is the most popular bill you’ve never heard of. The Miscellaneous Tariff Bill (MTB) is a compendium of more than two thousand tariff waivers which reduce the fees importers pay for a wide range of imported products – from snow globes to sports bras, from capers to dimethyl carbonate polymer with 1,6-hexanediol and 2-oxepanone. Each Congress crafts the bill out of the limelight with only a few (thousand) vested interests looking on. This year, it’s become a hot topic because of the existing moratorium on earmarks and a debate around whether the miscellaneous tariff bill is an earmark bill.
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