Word: bille
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Dates: during 2000-2009
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Still, as members finalize the budget resolution this week, many members have warned that they would oppose ramming the legislation through the budget process. Obama has set aside $656 billion in the budget for his energy and climate-change plans. Depending on how the bill is written, it could leave the door open to include the whole program in the fiscal 2010 budget, a highly unusual move that would strip the bill from the usual committees of jurisdiction and give the program immunity from filibusters in the Senate. "I want them to having hearings. I want...
Still, as Democrats weigh another bank bailout and a potential second stimulus bill, the global-warming legislation may get knocked another rung down the ladder - a terrible waste of a rare opportunity for dramatic action, in the eyes of U.S. environmentalists still smarting from the Bush Administration's pullout from the Kyoto Protocol. "Right now we have a degree of flexibility [regarding] what we need to do and what other countries are willing to do," says David Doniger, policy director at the NRDC's Climate Center. "That tremendous opportunity may be lost at this moment if this drags...
...stimulus plan to make a specific "exception for contractually obligated bonuses agreed on before Feb. 11, 2009." That exception gives cover to the AIG bonuses - though it should be noted, as Dodd's aides do, that the Senator did not know about the AIG bonuses at the time the bill was being drafted. (Dodd is facing a tough re-election battle next year in Connecticut. He was the largest recipient, at $103,100, of AIG political contributions in 2008, according to opensecrets.org. The second largest recipient was President Barack Obama. John McCain and Hillary Clinton also received substantial amounts...
...event, any tax-the-bonuses bill is likely to meet powerful opposition. House Ways and Means Committee chairman Charlie Rangel, Congress's top tax writer, told reporters that taxing the bonuses "is a venting type of thing. I would hope and assume we have alternatives to the tax codes ... When you get angry, you don't think as clearly as when you calm down." He added, "It is tough to me to think of the tax code as a political weapon." Rangel would be a huge obstacle to any such bill, no matter who originates it. Others say this type...
...original version of this story failed to make clear that Senator Chris Dodd knew nothing about the AIG bonuses when the stimulus bill was being drafted...