Frank sides with CBC, holds fast on Cherokee funding
By Kevin Bogardus
Posted: 04/21/08 06:24 PM [ET]
Rep. Barney Frank (D-Mass.) has threatened to block housing legislation for Native Americans if the final bill does not include a funding ban against the Cherokee Nation of Oklahoma .
Frank shares a concern first raised by the Congressional Black Caucus (CBC), whose members have proposed several measures to punish the tribe for changing its constitution last year to exclude the Freedmen — a group of largely black Americans who are descendants of freed slaves once owned by tribe members — from its ranks.
“We would not pass the bill. We would not acquiesce to give funding to the Cherokees,” said Frank, whose committee has jurisdiction over the legislation. Frank said he would not bring a conference report to the floor for a final vote without the ban firmly in place.
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OP: Are you watching Mr. Macarro?
(Cherokee) Tribe's casino profits increase
The Cherokee Nation's casino operations turned a profit of more than $111 million in fiscal year 2007, according to financial data released by the tribe. The casinos earned $418.6 million in the fiscal year that ended Sept. 30, 2007. Of that revenue, $20.4 million went toward gaming compact fees, $119.4 million went toward payroll, and $167.2 million went toward operating expenses, according to an annual report on the Cherokees' casino operations. The casinos are operated by Cherokee Nation Enterprises, which the tribe owns
See story for the BIG expansion. Go Freedmen!