18 May '11, 6pm

Oil subsidy vote was all about the money

Oil subsidy vote was all about the money

The funding divide in Washington is likely to become more obvious in the coming days and months. The Senate is gearing up to vote on a Mitch McConnell-sponsored bill to drastically speed up the oil-permitting process in the United States. Before the end of the month, Jeff Bingaman of New Mexico is expected to attempt to pass a “spill bill” that deals with oil company liability limits after spills. As summer ends, expect to see another vote on the oil subsidy question when the debt ceiling debate hits Capitol Hill. On each one of these contentious votes, you can expect a lot of back and forth between Republicans and Democrats, but it’s really likely to come down to dollars and cents.

Full article: http://www.mnn.com/earth-matters/politics/blogs/oil-subsi...

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