Energy Bill Has $23 Billion in Tax Breaks, Mostly for Energy Companies

[NNN0LHI]

http://ap.tbo.com/ap/breaking/MGA0U2TA5ND.html

WASHINGTON (AP) - Democrats failed to force any significant changes in a Republican-drafted energy bill Monday as a House-Senate conference sped toward approving the massive legislation and clear the way for final congressional approval, probably this week.

While Senate Democrats temporarily won concessions on a half-dozen issues, the changes were rejected by the GOP-dominated House negotiating team. House negotiators debated the measure late into the evening.

Among amendments turned back by the House after being offered by Senate negotiators was a provision to require electric utilities to produce 10 percent of their power from renewable fuels. The utility industry had fought the fuel use mandate.

Two-thirds of the $23 billion in tax breaks in the bill would go to the oil, gas and coal industries, prompting one Democrat to label it "a hodgepodge of subsidies for the politically well-connected."

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[joeybee12]

1. Labeling it as junk is one thing, but will the Dems fight it?

I think probably not, and then they'll wonder why people are so pissed off at them.

[bpilgrim]

3. yeah... but it all makes sense when you look at the polls...

rush sez that it's all in our heads... just an ecco terrorist ploy to destroy capitalism and BESIDES we just got a HUGE BOOST to our reservers and we all know what that means...

No Need to Drill ANWAR

very shrewd and SAFE position to champion...

genious

peace

[bpilgrim]

2. BRILLIANT * Reininforce our ADDICTION! - wooHoo!

more...
http://bbs.globalfreepress.com/coppermine

peace

[dusty64]

4. Kick.

:kick: