Wednesday, July 27, 2005

Energy bill: Lobbyists' dream?

A package of over $14 million (over $11 million net after some offsets) in tax incentives for almost every conceivable energy source has cleared the Joint Committee on Taxation. The incentives were more than the White House wanted, but Energy Secretary Samuel Bodman considered the overall bill satisfactory. Chances are considered high that the bill will make it through both chambers of Congress.


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