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2008-09-23 Home Front Economy

Pelosi 'No Energy' Bill Part of House Draft CR

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Posted by Abdominal Snowman 2008-09-23 00:00|| || Front Page|| [1 views ] Top

#1 The markets are on the razor's edge, and this Congress still is playing games?

Fark it. I'm gonna take the next paycheck and invest it in canned/dry goods and shotgun shells.

Posted by Cornsilk Blondie 2008-09-23 00:38|| 2008-09-23 00:38|| Front Page Top

#2 Take your sweet time. Mercy, if it was not for you democrats, I would feel safe at the bank. I am so happy you paid both the security guard and the thief at the same time in my interest.

Posted by newc">newc 2008-09-23 00:39|| 2008-09-23 00:39|| Front Page Top

#3 Anybody who can post at Rantburg can compose a brief letter to your Congresscritters and President Bush here. I, myself, copied some of the text from the article, to save time.

Just type in your zip code, select 'Federal Officials', compose your message, fill in your name and address (you can un-select the 'send me stuff' box), and you're on your way!

Posted by Bobby 2008-09-23 06:26|| 2008-09-23 06:26|| Front Page Top

#4 Interesting. I get an electronic version of a railroad trade press magazine, and it included an article about HR 6899:

Congress is preparing to adjourn for the year but has a few things left on its agenda. This week, congressional leaders are expected to give final consideration to legislation that would address the high cost of energy and stimulate the economy and public transit agencies could benefit.

The House recently passed The Comprehensive American Security and Consumer Protection Act (H.R. 6899), which contains the Saving Energy through Public Transportation Act legislation that passed the House as a stand-alone measure earlier this year.

The bill would authorize $1.7 billion for public transportation agencies in fiscal years 2008 and 2009. Agencies could use the funds to cover operating and capital costs to reduce fares, expand existing service, avoid service cuts or fare hikes caused by high fuel prices, acquire facilities or equipment to support the use of clean fuel or alternative fuel vehicles, and establish or expand rideshare or commuter match programs that provide alternatives to single occupancy vehicle use. Sen. Hillary Clinton (D-N.Y.) has introduced a similar bill in the Senate.

The House and Senate also are developing an economic stimulus package that would appropriate immediate capital funds for "ready-to-go" infrastructure projects, including public transportation initiatives. Senate leaders are advancing a proposal that would provide up to $1.3 billion in capital funds for public transit infrastructure. The bill also would authorize an additional $400 million during the next two years for public transit agencies to invest in green facilities and vehicles.

Although the House and Senate are developing separate energy and economic stimulus bills, the two items may be combined into a single legislative package that would include elements of both proposals.

So San Fran Nan certainly knows how to play the transit crowd. The bill's title - Comprehensive American Security and Consumer Protection Act - how could anyone not support that?

Posted by Bobby 2008-09-23 10:23|| 2008-09-23 10:23|| Front Page Top

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