Why the Business Community Is Wary of Cap-and-Trade: a View From Virginia
Special to Roll Call
The House recently passed a controversial bill that seeks to establish an emissions trading structure referred to as cap-and-trade. It passed by a very slim margin, mostly along party lines, and was opposed by 44 Democrats. If the bill manages to pass a vote in the Senate and is signed by President Barack Obama, it would impose strict limits on the carbon-based energy used by American businesses.
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Schumer Advocates for Many on Panel
Nov. 16, 12 a.m.
As Senate Majority Leader, Lyndon Johnson once said of the Joint Economic Committee, “It’s as useless as tits on a bull.” But as that panel’s chairman during the 110th Congress, Sen. Charles Schumer (D-N.Y.) seized the opportunity to elevate the traditionally low-profile post to the forefront of shaping policy. Read Full Article
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