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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (174060)	8/18/2003 1:35:59 PM
From: Joe NYC	Read Replies (1) \| Respond to of 1574265

Ted, The $350 billion was the size of the energy transmission bill voted down by Congress two years ago. That's about 25% of the budget. I am not sure why the taxpayers should foot the bill, rather than utility customers (including me). The utes don't have the money. For varying reasons, many of them have little or no cash reserves left. Do you really think Niagara Mohawk or Con Ed are swimming in money? They can borrow money, and they can increase rates. But I think the utilities can do what's reqired for a fraction of $350B. <iThe $500-600 billion is what the experts are now saying that Iraq will cost us en toto. What experts? Joe