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Monday, July 19, 2010

The regime takeover: HEALTH, FINANCE... NOW ENERGY!

Reid clears deck for energy reform bill

By Alexander Bolton - 07/19/10 06:00 AM ET

Senate and House Democrats are headed for a clash this week over funding for U.S. troops in Afghanistan, as Senate Majority Leader Harry Reid (D-Nev.) races to clear the schedule for long-awaited energy reform legislation.
The Senate and House are squabbling over $22.8 billion House appropriators added to the supplemental bill. House lawmakers note that it’s fully paid for with offsets, such as $11.7 billion in rescissions to government programs that no longer need funding.

Senate Democratic leaders, however, doubt the House bill can pass their chamber with the extra spending, including $10 billion for an Education Jobs Fund to save 140,000 school jobs over the next year.
Senate passage is complicated by a pending veto threat from President Obama. He objects to the House proposal to pay for the education fund by rescinding money for the administration’s “Race to the Top” initiative, which rewards academically improved schools with grants.
A Senate Democratic aide said leaders will nevertheless schedule a vote on the House legislation. If it fails, the aide said, “we’ll have to figure out what to do.”

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