Wednesday, February 27, 2008

At Least They Are Trying

House OKs New Taxes on Big Oil Companies. The House approved $18 billion in new taxes on the largest oil companies Wednesday as Democrats cited record oil prices and rising gasoline costs in a time of economic troubles. The money collected over 10 years would provide tax breaks for wind, solar and other alternative energy sources and for energy conservation....Senior advisers would urge Bush to veto the bill should it pass Congress, the White House said in a statement before the House vote.

No comments: