Breaux and Lott now working for The Captain

Former senators Trent Lott, R-Miss., and John Breaux, D-La., have entered the Caribbean Rum Rumble that pits the U.S. Virgin Islands against Puerto Rico. The basic story, as I wrote in a recent column, is this:

USVI is offering generous corporate welfare subsidies to liquor company Diageo if Diageo builds a Captain Morgan distillery in the USVI. Currently, Captain Morgan is made in Puerto Rico. Puerto Rico is now lobbying for a federal limit on the corporate welfare the protectorates can offer — a sort of multilateral disarmament treaty.

From a lobbying registration filed last week, we learn that Diageo has hired the Breaux Lott Leadership Group to lobby against this bill.

This is what corporate welfare does: spurs more lobbyists. That’s why big government is good for K Street.

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