Sens. Michael Bennet (D-Colo.) and Lamar Alexander (R-Tenn.) have given their leaders an emergency backup plan to keep Congress from plunging off the "fiscal cliff" at year’s end.
Bennet and Alexander have submitted a three-part plan to Senate Majority Leader Harry Reid (D-Nev.) and Republican Leader Mitch McConnell (Ky.) to keep as a last resort in case negotiations with President Obama fall short. Read More ~thehill.com
Medbox Comments on New Legislation Introduced in the U.S. House of Representatives
Medbox, Inc. (Ticker: MDBX) (www.medboxinc.com), commented on the new legislation put forth recently in the U.S. House of Representatives. The bill, known as the "Respect States' and Citizens' Rights Act," spells out that any state that passes its own laws governing marijuana – including medical marijuana - would be exempt from certain sections of the Controlled Substances Act.
The bill was introduced by Colorado U.S. Rep. Diana DeGette, and co-sponsored by Colorado Democrat Jared Polis and Republican Mike Coffman, as well as a number of other representatives from around the country. Read More ~sacbee.com