The Washington Independent

Posts Tagged susan collins

Senate Overcomes Key Obstacle to Unemployment Benefits Extension

By | 07.20.10 | 2:56 pm

This afternoon, the Senate cleared a crucial hurdle to reauthorizing the federal extension of unemployment benefits, held up in the Senate for an unprecedented two months. The upper chamber voted down a filibuster of H.R. 4213, also known as the jobs bill or the extenders package — the vehicle More…

Senate Set to Approve Unemployment Benefits Extension Today

By | 07.20.10 | 6:00 am

Today, Congress plans to vote on a federal extension of unemployment benefits, held up in the Senate for an unprecedented two months. The Senate will reconsider H.R. 4213, also known as the jobs bill or the extenders package, as the vehicle for a $34 billion extension of jobless benefits More…

CAP Makes Recommendations for Utility-Only Cap

By | 07.16.10 | 3:03 pm

The Center for American Progress has released a detailed road map of just how Senate Majority Harry Reid (D-Nev.) should combine various climate and energy proposals to form a comprehensive bill that will make progressives happy.

The report — which is authored by CAP senior fellow Dan Weiss and special More…

Environmentalist Criticizes Utility-Only Negotiations

By | 07.15.10 | 4:50 pm

Not every environmental group is encouraged by the efforts to come to a consensus with the electric industry on a utility-only cap on emissions. One environmentalist source told TWI that negotiations with electric utilities will inevitably result in a “flawed product” based on too many compromises. “I’m just not confident More…

Senate Passes Landmark Financial Reform Bill

By | 07.15.10 | 3:00 pm

This afternoon, the U.S. Senate passed a sweeping financial regulatory reform bill, overhauling the regulation of everything from the biggest banks to consumer financial products to exotic instruments like credit-default swaps to the derivatives used by farmers. The bill passed 60 to 39.

[Congress1] Earlier on Thursday, Republicans Olympia More…

Brown a Yes on FinReg

By | 07.12.10 | 12:39 pm

Sen. Scott Brown (R-Mass.) said he would consider the financial regulatory reform bill over the July 4 Senate recess. He’s back, and he says he is a yes:

I’ve spent the past week reviewing the Wall Street reform bill. I appreciate the efforts to improve the bill, especially the

More…

Counting FinReg Votes Again

By | 07.09.10 | 3:09 pm

A little history: Senate Democrats thought they were done with financial regulatory reform, ready to vote and pass the bill to President Obama. Then Sen. Scott Brown (R-Mass.) decided he did not like how Rep. Barney Frank (D-Mass.) required big banks and hedge funds to pay the $19 billion More…

FinReg Update

By | 07.02.10 | 4:50 pm

I’ve been focusing intently on the jobs situation and unemployment extension bill this week, but here’s a roundup of the need-to-know news on the Wall Street or financial regulatory reform bill. The House passed the conference committee version with bipartisan support, and now it only needs Senate approval to More…

Savings Dwindling, Millions of Unemployed Play the Waiting Game

By | 07.02.10 | 6:00 am

The unemployed now know that Congress cannot help them — at least not yet. After attempting to gain cloture and move forward to a majority-rules vote on an extension of federal unemployment benefits three times in as many weeks, the Senate finally gave up and went home. Moderate Republican Sens. More…

For Senate Advocates of Unemployment Insurance Extension, a Battle to Nowhere

By | 07.01.10 | 6:00 am

On Wednesday night, a bare-bones measure to keep federally funded unemployment insurance checks headed to the long-term unemployed failed in the Senate. Moderate Republican Sens. Olympia Snowe and Susan Collins of Maine had signed on to vote for cloture on the $34 billion bill. But without Sen. Robert Byrd (D-W.Va.), More…