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Business caught flat-footed by CDC mask guidance


Presented by
With Daniel Lippman
BUSINESS GROUPS CAUGHT FLAT-FOOTED BY CDC MASK GUIDANCE: The Biden administration’s announcement Thursday that fully vaccinated Americans can ditch their masks in most situations is undoubtedly a major milestone in the country’s fight against Covid-19. But trade groups representing the businesses, and a union representing the workers who will now be tasked with enforcing mask-wearing for unvaccinated people, are now scrambling to parse what the guidance means for their members.

Larry Lynch, who as senior vice president of science and industry for the
National Restaurant Association handles its Covid operating guidance, said in an interview that the new recommendations may be the industry’s biggest challenge yet. “We don t know how to be the vaccine police,” he said. “CDC didn t do us didn t do the industry, any big favors,” he added, though “it certainly helped consumers.” ....

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Rep. Katie Porter Scolds 'Big Oil' Exec, Beclowns Self in Process


A Big Oil exec told me I had a “misconception” about a special tax break polluters get that other businesses don’t. So, after explaining the deduction to him, I offered to write it out of the tax code if that what he wants. [sic] Just let me know!
Needless to say, I have a few problems with this.
The target of Rep. Porter’s ire was Mark Murphy, President of Roswell, NM-based Strata Production Company. Not a household name, you say? That’s because Strata employs 16 people and has annual revenues of $2.3 million. That’s
million, with an
[Pro Tip: 16 employees and $2.3 million in revenue is a “Mom and Pop” operator,  ....

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'Don't patronize me' — Rep. Katie Porter clashes with oil executive over the industry's special tax breaks


‘Don’t patronize me’ Rep. Katie Porter clashes with oil executive over the industry’s special tax breaks
MarketWatch
3/10/2021
© Getty Images
That was Rep. Katie Porter (D-CA)  during a congressional hearing on Tuesday speaking to Mark Murphy, president of Strata Production Company. Strata is an oil and energy company based in New Mexico.
Porter, who is the chair of the House Natural Resources Oversight Committee, was on the offensive when discussing tax benefits for oil and gas companies.
“We get to deduct all of those just like any other business,” Murphy responded. “There seems to be a misconception out there that you’re operating from that somehow the oil and gas industry benefits from some special sort of tax structure. We don’t.” ....

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NEWSMAKER: In new oversight role, Katie Porter targets oil industry


Published: Wednesday, March 10, 2021
Rep. Katie Porter (D-Calif.). Photo credit: Tom Williams/CQ Roll Call/Newscom
Rep. Katie Porter (D-Calif.) during a House Financial Services Committee hearing in 2019.
Tom Williams/CQ Roll Call/Newscom
Rep. Katie Porter spent the last two years drawing out some of the most revealing, and damning, admissions from executives of major banks and pharmaceutical companies. She could now be poised to do the same with leaders of the oil and gas industry.
The second-term California Democrat is the new chair of the House Natural Resources Subcommittee on Oversight and Investigations, and she is pledging to use her platform to take on the polluters of public lands and expose their abuse of taxpayer dollars. ....

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