Shutdown looms as White House objects to omnibus despite lack of big-ticket riders

Washington is gearing up today for yet another white-knuckle ride toward a potential government shutdown after the White House warned that the 2012 spending deal could “undercut environmental protections” and instead urged passage of a stopgap plan to keep agencies open past tomorrow’s expiration of federal funds. [ read more … ]

Biofuel, wind executives seek tax credit extensions

The biodiesel sector has relied heavily on a $1-per-gallon blenders’ tax credit, set to expire in at year-end, said Paul Soanes, CEO of Houston-based Renewable Biofuels, whose Port Neches plant is the nation’s largest biodiesel-producing facility [ read more … ]

Congress Takes Up a Partisan Battle, Again, Over Spending

Their poll numbers sinking, their constituents badly bruised by economic hardship and with millions of American workers about to get a sudden and unexpected tax increase, what are members of Congress discussing? [ read more … ]