Latest In

News

Reid to Have Procedural Vote on Republican Alternative Energy Bill

A Senate aide says lawmakers are working on an agreement that could clear the way for an initial procedural vote on Senate Majority Leader Harry Reid’s (D-Nev.)

Jul 31, 2020
184 Shares
184.3K Views
A Senate aide says lawmakers are working on an agreement that could clear the way for an initial procedural vote on Senate Majority Leader Harry Reid’s (D-Nev.) energy and oil spill response bill, as well as for the Republican alternativeoil spill response bill. It’s unlikely either will pass, and the vote on the alternative will allow Democrats to show that Republicans who oppose Reid’s bill don’t have enough support for their proposal, either.
“If an agreement can be reached, we could have these votes Wednesday,” the aide says.
A lobbyist sends this additional detail: If the cloture votes on Reid’s bill and the Republican bill fail (as many on the Hill expect), the Senate could bring up the House oil spill response package. Though the House package includes the controversial language removing the cap on a company’s oil spill liability, it does not include any energy-related provisions, like a proposal to force companies to disclose the chemicals they use during natural gas “fracking.”
But the lobbyist warns that prospects don’t look good for any of these options. “In either case, does not sound promising for real action,” the lobbyist says.
Camilo Wood

Camilo Wood

Reviewer
Camilo Wood has over two decades of experience as a writer and journalist, specializing in finance and economics. With a degree in Economics and a background in financial research and analysis, Camilo brings a wealth of knowledge and expertise to his writing. Throughout his career, Camilo has contributed to numerous publications, covering a wide range of topics such as global economic trends, investment strategies, and market analysis. His articles are recognized for their insightful analysis and clear explanations, making complex financial concepts accessible to readers. Camilo's experience includes working in roles related to financial reporting, analysis, and commentary, allowing him to provide readers with accurate and trustworthy information. His dedication to journalistic integrity and commitment to delivering high-quality content make him a trusted voice in the fields of finance and journalism.
Latest Articles
Popular Articles