Congress.org wrote:
The Senate imposed pay-as-you-go budget rules today for the first time since 2002.
An amendment (Reid Amdt. No. 3299) to the resolution raising the ceiling on federal borrowing would require tax increases or spending cuts for any bills which would increase entitlement spending or cut taxes.
Senators voted 60-40 along party lines to adopt the amendment by Majority Leader Harry Reid (D-Nev.).
An amendment (Reid Amdt. No. 3299) to the resolution raising the ceiling on federal borrowing would require tax increases or spending cuts for any bills which would increase entitlement spending or cut taxes.
Senators voted 60-40 along party lines to adopt the amendment by Majority Leader Harry Reid (D-Nev.).
Also in the news today...
Quote:
Jan. 29 (Bloomberg) -- President Barack Obama, acting on a pledge to support nuclear power, will propose tripling loan guarantees for new reactors to more than $54 billion, two people familiar with the plan said.
The additional loan guarantees in Obama’s budget, which will be released on Feb. 1, are part of an effort to bolster nuclear-power production after Obama called for doing so in his State of the Union address Jan. 27. Today, the Energy Department plans to announce creation of a panel to find a solution to storing the waste generated by nuclear plants.
The additional loan guarantees in Obama’s budget, which will be released on Feb. 1, are part of an effort to bolster nuclear-power production after Obama called for doing so in his State of the Union address Jan. 27. Today, the Energy Department plans to announce creation of a panel to find a solution to storing the waste generated by nuclear plants.
This, combined with earlier starts to the process of loan guarantees from the administration, makes me happy. I've always thought we needed an expanded place for nuclear energy in our portfolio and it's been hard to find a Democrat who'll support it.
Edited, Jan 29th 2010 11:24am by Jophiel
@ Ezra Kline 
