Friday, November 05, 2004

Energized to Get an Energy Plan

You could wind up paying billions for a new energy plan. Republican Senate gains could give the nation an energy bill after more than a year of delays. The House passed an energy bill last year, but it died in the Senate -- just two votes shy of stopping a filibuster. In Tuesday's elections, Republicans more than made up the difference they need to break through the roadblock.

As the country faces record deficits, the current energy plan promises $26 billion in tax breaks and incentives to energy industries. (LAT)

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