Alan K. Henderson's Weblog

HOME   |   BLOGGER PROFILE   |   BLOGROLL  MAP   |   HENDERSON  PRIZE   |   EMAIL

COMMENTS TEMPORARILY CLOSED - MIGRATING FROM HALOSCAN/ECHO TO DISQUS
Old comments migrated to Disqus, currently working outtechnical issues

Wednesday, September 24, 2008

 
Good Economic News

Dems to surrender on the drilling ban issue:

House Appropriations Committee Chairman David Obey, D-Wis., told reporters Tuesday that a provision continuing the moratorium will be dropped this year from a stopgap spending bill to keep the government running after Congress recesses for the election.

Republicans have made lifting the ban a key campaign issue after gasoline prices spiked this summer and public opinion turned in favor of more drilling. President Bush lifted an executive ban on offshore drilling in July.

"If true, this capitulation by Democrats following months of Republican pressure is a big victory for Americans struggling with record gasoline prices," said House GOP leader John Boehner of Ohio.

Democrats had clung to the hope of only a partial repeal of the drilling moratorium, but the White House had promised a veto, Obey said.

The House is expected to act on the spending bill Wednesday. The Senate is likely to go along with the House.

Labels:




Site Meter


Blogger