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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Lazarus_Long who wrote (167376)	8/3/2001 2:44:27 AM
From: ColtonGang	Respond to of 769667

In the End, Energy Bill Fulfilled Most Industry Wishes By Eric Pianin and Glenn Kessler Washington Post Staff Writers Friday, August 3, 2001; Page A01 There was nothing in President Bush's energy proposals last spring to directly assist oil and gas companies, which were enjoying record profits, yet by the time the House finished work on the president's plan this week, Big Oil was the beneficiary of $13 billion in new tax credits and spending. In similar fashion, Bush offered only modest incentives to the coal industry -- $2 billion over 10 years for research on clean coal technology. But the bill that emerged from the House early Thursday included three times that amount -- including millions more added by Energy and Commerce Committee Chairman W.J. "Billy" Tauzin (R-La.) to establish clean coal technology "Centers of Excellence." The GOP portrayed the energy bill as a tool for stimulating domestic energy production after years of neglect by the Clinton administration. But Democrats and other critics saw it differently. They said the measure was designed primarily to reward the oil, gas, coal and nuclear industries for their cooperation in the spring, when they helped to ease passage of the president's tax cut bill by not insisting that it include tax breaks of their own.