Since John conveniently went on vacation today, I get the thrill of posting this (and then ducking).
House Approves Energy Bill by Wide Margin (from CNN.com):
The House by a wide margin approved a mammoth energy plan for the nation Thursday that sends billions of dollars in tax breaks and subsidies to energy companies, but is expected to do little to reduce U.S. oil consumption or dampen high energy prices.
[...]
The 1,725-page bill, the product of weeks of compromise between widely different versions approved by the two chambers earlier this year, would provide $14.5 billion in energy tax breaks, much of it to traditional energy companies. It also provides money for promoting renewable energy sources and new energy technologies and measures to revitalize the nuclear power industry.
[...]
Bush has said that one way to help ease gas prices is for Congress to pass a comprehensive energy strategy. But the White House acknowledged that the legislation itself won't do much to reduce pump prices in the short-term.
I've had insomnia lately...maybe I'll pick up a copy of the bill and see if that cures it. If anyone reads the whole thing, I'd be glad to post your summary (as long as it's objective).
