February 28, 2008

As House Approves Tax Bill, Senate Dems Look To Reconcile

Senate Democrats are inching toward including an energy tax plan as part of budget legislation to overcome a Republican-led obstacle there, as the House yesterday reaffirmed its support of repealing billions of dollars in incentives for oil and gas companies in a stand-alone measure.

While House Democrats have pushed through similar proposals this Congress with majority support, Senate Democrats have been unable to get the 60 votes needed to overcome a Republican filibuster.

Senate Democrats have mulled including an energy tax plan that repeals oil and gas company incentives to pay for extending and expanding renewable energy and efficiency incentives as part of a filibuster-proof budget reconciliation bill.

See CongressDaily (subscription) for the full story.

Posted at 9:19 AM
Posted to: Congress, House, Senate
Share via