The Politico reports today that according to Democratic House aides, Speaker Nancy Pelosi’s “energy agenda has been carefully gamed out in strategy sessions” with Pelosi taking “heat on gas prices while tacitly encouraging more vulnerable Democrats to publicly disagree with her and show their independence.” One senior House Democratic aide said, “The reality is we will have a new president in three months … we have many more options postelection.”
To deflect “heat” on energy prices in the short term, Pelosi is advocating releasing oil from the Strategic Petroleum Reserve (SPR), which she says “ would bring immediate relief within 10 days .” Pelosi’s plan is not entirely fanciful. A major release of oil from the SPR could reduce gas prices. Pelosi, however, does not say how much oil she wants to release. And the exact size of the release would directly impact the size of the price relief — a...
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Congressional leaders in Washington, D.C., today announced a deal to begin hearings on Dec. 2 to provide approximately $25 billion in loans to help U.S. automakers with a vote coming by mid-December. Here are excerpts of a story from the Detroit Free Press’s Web site:
Congress kicked the auto industry’s request for a $25-billion loan back to Detroit today, demanding more information by Dec. 2 about how the companies would use the money to survive before considering any bill.
The move ca... more
During a press conference on a bailout for the auto industry held by the Democratic leadership of the House and Senate, Speaker Nancy Pelosi (D-Calif.) said, “Until we see a plan where the auto industry is held accountable and a plan for viability on how they go into the future…we cannot show them the money.” (0:19)
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Fire Pelosi! From: olbroad.com Post Date: 2008-11-20 20:00:59
It’s unanimous: Harlem Rep. Charles Rangel remains chair of Ways and Means Committee
House Democrats voted unanimously today to keep Harlem Rep. Charles Rangel as chairman of the powerful Ways and Means Committee in the next Congress.
Rangel, 78, is currently under investigation by the House ethics committee for failing to pay about $10,000 in income taxes on a Dominican Republican vacation villa he owns and rents out.
Once the issue surfaced, Rangel said he was only guilty of a... more
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First Do No Harm From: blog.heritage.org Post Date: 2008-01-11 14:13:23
With the January 19th Democrtic Caucus fast approaching, the largest union in Nevada (the 60,000-member Culinary Workers union) attempted to flex their political muscle by endorsing Barack Obama. One wonders why though, since both Hillary Clinton and Obama have both voiced support for the unions number one policy priority: the so called Employee Free Choice Act.
A masterpiece in Orwellian phraseology, the act would replace the current secret ballot election process in favor of a ... more
A Grown Up Approach To Energy Policy
Britain’s Labor Party reversed its 1997 statement that it saw “no economic case for the building of any new nuclear power stations” Thursday . Energy Secretary John Hutton told the House of Commons that nuclear power “should have a role in this country’s future energy mix, alongside other low-carbon sources.” If only the left in the United States could also evolve to a similar responsible conclusion.
Nuclear power is a proven, safe, affo... more
Washingtonians who use Metro were greeted with the largest fare hikes in the subway system’s history as they headed to work Monday. The new fares were approved in December after months of debate, handing riders from the D.C. suburbs the biggest bill to make up for Metro’s budget deficit.
Metro’s base fare during rush hour jumped 30 cents to a minimum of $1.65 per trip . For customers traveling from the Maryland outskirts of Shady Grove to Union Station on Capitol Hill, it... more
Just days after releasing a plan to reduce government spending , Fred Thompson continued his assault on earmarks, promising today that if elected president he would sign an executive order canceling lawmakers’ pork-barrel projects. President Bush is considering the idea, which is strongly opposed by congressional appropriators but supported by fiscal conservatives.
Thompson fielded questions from bloggers during a conference call this afternoon. He was asked if he would issue an execut... more
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