Democrat support Fading for Cap and Tax

Democrat support Fading for Cap and Tax

PostBy: Richard S. On: Sun Jun 14, 2009 9:35 am

Chop, chop, chop....

http://thehill.com/leading-the-news/dem ... 06-10.html

Peterson has warned that the bill put together by Waxman and Energy and Environment subcommittee Chairman Edward Markey (D-Mass.) will fail if agriculture-related provisions aren’t altered, and he’s said he has as many as 45 votes on his side. That number of Democratic defections would certainly doom the prospects of passing the bill in the House.

And while the Agriculture chairman said he’s working to resolve those differences and not intentionally trying to torpedo the legislation, he noted that skepticism toward the bill is growing, not shrinking.

“I’m just estimating the number of votes that will be against this,” Peterson said. “I suspect that the list has grown as more members have gotten a chance to look at this. I mean, my list has grown.”


Looks like it's getting the axe taken to it, they have already added provisions to allocate the credits for power generation which is what McCain suggested and should drastically cut the costs of it. It hasn't even made it to the Senate yet and it may have tougher time getting through there.
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Re: Democrat support Fading for Cap and Tax

PostBy: coaledsweat On: Sun Jun 14, 2009 1:02 pm

I read a blurb about this bill yesterday, I think it was in the NYT of all places. No one on Capital hill has any clue as to what this nightmare will actually cost the American public.
http://fossil.energy.gov/education/ener ... entary.pdf
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Re: Democrat support Fading for Cap and Tax

PostBy: coal berner On: Sun Jun 14, 2009 6:42 pm

coaledsweat wrote:I read a blurb about this bill yesterday, I think it was in the NYT of all places. No one on Capital hill has any clue as to what this nightmare will actually cost the American public.

Does That Surprise You :? That Capital Hill has Know Clue :roll:
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Re: Democrat support Fading for Cap and Tax

PostBy: Paulie On: Sun Jun 14, 2009 8:44 pm

The bottom line is, the economy can not sustain higher energy costs now. We should be pushing the use of domestic sources,
not making them more expensive. Sanity is breaking out......Thank God.
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Re: Democrat support Fading for Cap and Tax

PostBy: coaledsweat On: Sun Jun 14, 2009 9:52 pm

http://fossil.energy.gov/education/ener ... entary.pdf
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