It’s all but official now that Democrats won’t reach 60 votes on today’s cloture vote on the DISCLOSE Act. Fox News reported that Sen. Joe Lieberman (I-Conn.) will be absent attending a family member’s funeral and Sen. Susan Collins (R-Maine) reiterated her opposition to the bill late yesterday.
House Democrats have just reached a compromise on a cash-for-clunkers bill that would provide financial incentives for people to trade in their old gas-guzzlers for more fuel efficient vehicles.
From the Energy and Commerce Committee’s press release:
Under the agreement, consumers may trade in their old, gas-guzzling vehicles
President Obama is pushing a compromise cash-for-clunkers program that will bridge the gap between two competing bills and provide a sliding incentives scale, whereby drivers will receive a cash voucher for trading in their old cars for more fuel-efficient ones — the greater the increase in efficiency, the More…
Voluntary mortgage-reduction programs are insufficient to curb the spreading blight of national foreclosures, the head of the FDIC said Thursday, and the federal government should step in to help folks keep their homes.
The Bush administration and the finance industry have long resisted proposals forcing lenders to modify the terms More…
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