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More good stuff, some ugly

Posted on August 20, 2008

By Joseph RommPart 2 began an analysis of the bipartisan compromise proposed by the Gang of 10 senators, suggesting that their deal isn't so bad. The other evidence the deal isn't so bad is that the House GOP is threatening to refuse to vote for it. The good of the five-year extension of the renewable tax credits certainly beats the bad of doubly de minimis drilling. But what about the rest of the deal? More good Offsets The $84 billion in investments in conservation and efficiency in the New Era bill will be fully offset with loophole closers and other revenues. Approximately...

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