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Press Release

    FreedomWorks Joins Coalition Letter Opposing LIFO Repeal

    May 2, 2006

    The Honorable Bill Frist, Majority Leader
    United States Senate
    S-230, The Capitol
    Washington, DC 20510

    Dear Leader:

    We are writing to thank you for your quick and decisive action to remove LIFO repeal from the Leadership’s “Gas Price Relief and Rebate Act.”

    The undersigned met on Monday to form a coalition to coordinate our efforts on this matter, and it was immensely helpful to have your statement in hand when we met.

    In light of your statement that hearings on LIFO repeal are likely to be scheduled later this year, we will continue to build this coalition to ensure that the very serious ramifications of repeal can be brought effectively and accurately to the table for discussion.

    Again, thank you very much for your quick action. We look forward to working with you on this and other issues in the ensuing months.

    Sincerely,

    American Chemistry Council
    American Gas Association
    Americans for Tax Reform
    API
    Food Marketing Institute
    FreedomWorks
    Healthcare Distribution Management Association
    International Foodservice Distributors Association
    International Franchise Association
    National Association of Manufacturers
    National Association of Wholesaler-Distributors
    National Automobile Dealers Association
    National Beer Wholesalers Association
    National Federation of Independent Business
    National Retail Federation
    Retail Industry Leaders Association
    U.S. Chamber of Commerce
    Wine & Spirits Wholesalers of America