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Congress celebrated the arrival of its summer recess by going on a bender.(The Week ...)(Brief Article)
Congress celebrated the arrival of its summer recess by going on a bender. The energy bill it passed is not completely without merit--it repealed some onerous regulations on the electric and gas utility industries. But that deregulation came at the cost of up to $66 billion in needless giveaways to energy producers who either don't need or don't deserve assistance. (With oil prices above $60 per barrel, oil producers are doing just fine; on the other hand, solar power, electric cars, and ethanol are fads that cannot be made viable simply by throwing federal funds at them.) The energy bill was ...
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Source: HighBeam Research, Congress celebrated the arrival of its summer recess by going on a...