![]() |
|
|
#1 |
|
Angling in the Deep
Join Date: Oct 2003
Location: Texas Riviera, Southern Mountains
Posts: 24,281
|
Really doesn't do too much to move us away from the death grip oil has on us but with so many lawmakers tied to the oil and gas industry, really couldn't expect something that actually makes sense. Billions for corporate America (mostly large energy companies) in tax breaks although they are enjoying the largest profits in history.
---------------------------------------------------------- Congress Passes Far-Reaching Energy Bill By H. JOSEF HEBERT, Associated Press Writer 43 minutes ago WASHINGTON - After years of stalemate, Congress on Friday sent President Bush a national energy plan touted by supporters as providing a diverse mix of fuels, new jobs, cleaner burning coal and the next generation of nuclear reactors. But the bill now ready for President Bush's signature won't stem high energy prices that have been viewed as a growing political concern, both in Congress and at the White House. The Senate approved the mammoth $12.3 billion legislation 74-26, though some Democrats said they voted for the measure reluctantly because of its cost and its tepid response to reducing the country's consumption of oil — now more than 20 million barrels a day, more than half imported. The Senate action a day after the bill breezed through the House completed the first major overhaul of the nation's energy policies in 13 years. The White House said in advance of passage that Bush looked forward to signing it into law, possibly next week. Under political pressure to do something about the nation's energy problems in light of soaring oil and gasoline prices, Bush challenged Congress to provide him a bill before lawmakers depart this week on a five-week summer recess. But even the bill's sponsors acknowledged that their the 1,724-page bill would have little if any impact on today's energy prices or wean the nation away from its thirst for oil. "We won't have any answers if the question is what are you going to do tomorrow morning about gasoline prices," said Sen. Pete Domenici (news, bio, voting record), R-N.M., who led the Senate negotiations with the House in crafting the legislation. But he said the bill would, indeed, provide financial incentives and federal policies "that we as a nation will benefit from not tomorrow, but for the next five or 10 years." A provision with direct and more immediate impact on the public expands daylight-saving time by one month, adding three weeks in the spring and a week in the fall, taking it beyond Halloween. The change would go into effect in 2007. (CONTINUED) |
|
|
|
| Sponsored Links |
|
|
#2 |
|
Ring of Famer
Join Date: Jan 2004
Location: Earth
Posts: 19,601
|
The whole bill is stupid.
|
|
|
|
|
|
#3 | |
|
Billy=Semi Tough Big Guy
Join Date: Jan 2004
Location: between 5,000 and 10,000 feet elevation
Posts: 12,665
Adopt-a-Bronco: John Elway |
Quote:
|
|
|
|
|
|
|
#4 |
|
Partisan
Join Date: Jan 2003
Location: Twixt Hell & Highwater
Posts: 49,099
|
I hear a great, flushing sound...
What is it? Oh! It's 12 billion worth of tax dollars going down the porcelain oasis. |
|
|
|
|
|
#5 |
|
Mr Diplomacy
Join Date: May 2001
Location: Elway was just an arm =MacGruder
Posts: 84,438
Adopt-a-Bronco: Von Miller |
well this needs to pass . if we pass it here , then we can invade Iran and force them to accept Day light savings ........ It is Democracy at its finest ......
|
|
|
|
![]() |
| Thread Tools | |
| Display Modes | |
|
Similar Threads
|
||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| Hunt news | DBroncos4life | Orange Mane Central Discussion | 10 | 05-29-2005 06:44 PM |
| ESPN Insider request | football idiot | Other Sports General | 3 | 05-13-2005 06:52 PM |
| Prescription Drug Scam - Jumps From $400 Billion To Over $1 Trillion | alkemical | War, Religion and Politics Thread | 2 | 03-03-2005 07:44 PM |
| Time to buy a new calender! | Nick C. | War, Religion and Politics Thread | 10 | 10-02-2004 01:28 PM |