Energy Bill Deal With Tax Breaks OK'd

Energy Bill Deal With Tax Breaks OK'd

By H. JOSEF HEBERT, Associated Press Writer

WASHINGTON - After months of sometimes bitter wrangling, Congress is on the verge of approving a far-reaching energy bill that would provide billions of dollars in tax breaks for oil, gas and coal industries and bring an economic boon to farmers who grow corn for ethanol.

House and Senate negotiators finished the bill late Monday after rejecting a string of amendments from Democrats who criticized the GOP-crafted legislation as a "hodgepodge of subsidies" for traditional energy industries and harmful to the environment.

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"The tax goodies go to huge energy conglomerates, and most subsidize things that the companies already are doing," complained Sen. Ron Wyden, D-Ore., another of the conferees. He described the bill as "a hodgepodge of subsidies for the politically well-connected."

http://story.news.yahoo.com/news?tmpl=story&cid=512&ncid=703&e=3&u=/ap/20031118/ap_on_go_co/energy_bill

Another BushCo corporate welfare program :puke:

how original! :eyes: