Congressman Barney Frank, [D-MA4] is gaining support for his HR2267.pdf bill which will overturn current gambling restrictions imposed on U.S. players by the Unlawful Internet Gambling Enforcement Act. This bill introduces new policies that would allow the United States to generate up to $52B in tax revenue over the next decade according to the accounting firm PricewaterhouseCooper (pricewater2008.pdf). The congressman continues to gain additional support from house representatives (increased to 23 co-sponsors as of May 21st)
In the advent of today's economy, the incentive$ to pass this bill are difficult to completely ignore.
on another note:
What would the government do with an extra $52B? Spend it on the Department of Defense of course! A new website detailing government spending on information technology investments and allow users to track the history/progress of these investments.
Check it out! http://it.usaspending.gov/
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