The Senate was hard at work on Thursday, passing not one but two transportation funding bills—first its controversial six-year (funded for three) transportation reauthorization bill, the DRIVE Act, and then, most importantly, the patch bill.
Yesterday The Hill
A few days before President Obama announced his 14 percent offshore corporate profits tax, Sens. Rand Paul and Barbara Boxer teamed-up to announce they would be offering a repatriation tax, somewhat similar to Obama's tax. Both fund infrastructure.
Feb 3, 2015 The Bond Buyer
President Barack Obama is expected to propose a one-time, 14-percent tax on overseas profits from companies, resulting in a contribution of $238 billion toward a total $478 billion, six-year Highway Trust Fund package. But will Republicans agree?
Feb 2, 2015 The Hill
The new Republican-controlled Senate achieved its first major legislative victory on Thursday (Jan. 29) by passing S.1 to authorize construction of the Keystone XL pipeline. Five more votes are needed to override a potential presidential veto.
Jan 31, 2015 The Hill
A mere day after the Interior Department announced it would permanently block drilling in much of the Arctic Refuge by designating it as wilderness, it proposed allowing drilling in the Gulf, along Atlantic coast, and surprisingly, offshore Alaska.
Jan 28, 2015 McClatchy Washington Bureau
Recently we noted that Chevron had dropped their Arctic lease due to falling oil prices. With falling gasoline prices, Americans may no longer see the Keystone XL pipeline as urgent. In addition, President Obama appears likely to oppose the project.
Dec 26, 2014 The Wall Street Journal
Oil prices are at a five-year low with gasoline prices averaging $2.67 a gallon, lowest since February 2010. Furthermore, they are expected to drop another 17 cents to $2.50 a gallon in time for Christmas, so why not raise the gas tax by a nickel?
Dec 10, 2014 The Atlantic
The top court's decision on Tuesday to review the first-ever regulation of mercury is a setback for Obama's environmental agenda, in part because it has implications for other EPA initiatives including Wednesday's proposal to tighten the ozone rule.
Nov 27, 2014 The Wall Street Journal
With Toyota's long-waited fuel cell electric vehicle (FCV) hitting showrooms in the U.S. this week, Kenneth Chang, science reporter for The New York Times, delves further into the technology, starting with how it fared under two administrations.
Nov 19, 2014 The New York Times - Environment
It's not a foregone conclusion that President Obama would veto a bill expected in the Senate next week to allow the construction of the Keystone XL pipeline. But if it were to pass and Obama signs it, would it be built? CNBC investigates.
Nov 15, 2014 CNBC