House approves big oil companies to get big taxes
WASHINGTON (AP) - February 27, 2008 The money collected over 10 years is intended to provide tax
breaks for wind, solar and other alternative energy sources and for
energy conservation.
The measure passed by the House by a 236-182 vote Wednesday as
lawmakers cited record oil prices and rising gasoline costs.
Senate Democratic leaders say they will put the bill on a fast
track and try to avoid a Republican filibuster. The White House
says the bill unfairly singles out the oil industry. President Bush
is expected to veto the legislation if it passes Congress.
