Thursday, November 05, 2009

Cap and Tax Clears Senate Committee

In case you missed it...

A key Senate committee’s Democrats on Thursday approved a plan to impose the nation’s first-ever caps on greenhouse gas emissions blamed for global warming.

The Senate Environment and Public Works Committee’s seven Republicans boycotted the 11-1 vote.

The committee’s approval marks the high-water mark for the legislation this year. At least five other committees are expected to weigh in on the issue before Senate Majority Leader Harry Reid, D-Nev., can merge their proposals into a single global warming bill for floor debate.

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Posted by Owen at 2217 hrs
Economy + Politics + Politics - General