There were no fewer than 12 events relating to energy costs on Capitol Hill yesterday: six news conferences and six hearings. Today another nine hearings and news events are scheduled. Daniel Yergin, Pulitzer Prize-winning author of “The Prize” and chairman of Cambridge Energy Research Associates, assured one Senate panel that …
A few days after Senator Barack Obama welcomed the idea of building new commercial nuclear reactors in the United States, he criticized Senator John McCain for proposing to build 45 new reactors by 2030 without a solution for nuclear waste. Speaking in Las Vegas, Nevada he disparaged McCain for offshore …
Rising gas prices and global warming hysteria seem to have had one positive effect this summer: Washington’s elite are being forced to look at nuclear energy as a serious, if not essential, option for any future energy plan. Presidential candidates Barack Obama and John McCain both recently announced support for …
The far left is apoplectic over Sen. Barack Obama’s announced support for the compromise bill passed by the House last week making essential updates to the Foreign Intelligence Surveillance Act (FISA). The ACLU called the bill the “death march for the Fourth Amendment” and MoveOn.org is launching a campaign against …
Federal Reserve Chairman Ben Bernanke told Congress Monday that health care spending will “rise relentlessly” unless lawmakers overhaul the health care system. As if trying to prove his point, PriceWaterhouseCoopers released a study yesterday showing employer health care costs will increase 9.9% in 2008, more than double the annual rate …
This week the Senate is traveling back in time to debate Jimmy Carter’s favorite solution to the energy crisis: an oil windfall profits tax. According to the Congressional Research Service, Carter’s oil windfall profits tax failed to raise revenues, decreased domestic oil production, and increased American dependence on foreign oil. …
Sens. Diane Feinstein (D-Calif.) and Mel Martinez (R-Fla.) authored a bill (with 11 co-sponsors, including Sen. Barack Obama) that was incorporated into a housing bill passed by the Senate Banking Committee 19-2 before the Memorial Day recess — a bill that creates a national fingerprint registry. According to a Martinez …
