• Most Popular
  • Most Shared

Special Report

Phillip Smith of Bedford County, Tennessee, takes part in a rally at the Tennessee State Capitol at the Tax Day Tea Party in downtown Nashville, Tennessee, in this April 15, 2009 file photo. Credit: REUTERS/Harrison McClary/Files

Brewing tensions between the Tea Party and GOP

Tea Partiers want it known that they are not Republican Party lapdogs, but are they a fringe movement or a sleeping giant, awakened?  Full Article 

    FACTBOX: Failed energy bills heading into Congress' recess

    Fri Aug 1, 2008 4:19pm EDT

    (Reuters) - The Congress adjourned for its five-week recess without passing legislation that tackles America's energy problems.

    Barack Obama

    Here are some energy bills voted down in the Senate and House of Representatives in the two weeks before lawmakers adjourned:

    REIN IN MARKET SPECULATORS. Senate Democrats were blocked from getting a final vote on legislation to curb excessive speculation in energy markets. The bill would have imposed tough position limits on speculators, restricting the number of oil futures contracts they can control. A similar House bill was voted on, but failed. It sought to rein in speculators trading energy and agricultural commodities.

    LOW INCOME HOME ENERGY ASSISTANCE PROGRAM. The Senate bill would have doubled to $5.1 billion a federal program that helps senior citizens and poor families pay their summer cooling and winter heating bills.

    TAPPING THE STRATEGIC PETROLEUM RESERVE. The House bill would have sold 70 million barrels of oil from the U.S. emergency crude stockpile, which supporters said would have put more supplies on the market and lowered prices.

    ENERGY TAX CREDITS. The House bill would have extended renewable tax credits for producing electricity through wind power and installing solar energy equipment.

    DRILL NOW OR LOSE IT. This House bill would have required oil companies to diligently develop their existing federal leases or return them to the government and require yearly leases in the National Petroleum Reserve in Alaska.

    (Washington energy desk)



    More from Reuters

    Tea Party member Mike Kopczyk holds a sign during a rally marking the one-year anniversary of the movement in Troy, Michigan February 27, 2010. Some Tea Partiers say they can pinpoint the precise moment when they made it clear to the Republican Party they had no intention of being its lapdog. Picture taken February 27, 2010. REUTERS/Rebecca Cook

    Special Report: Tea Partiers vs. Republicans

    Tea Partiers want it known that they are not Republican Party lapdogs, but are they a fringe movement or a sleeping giant, awakened?  Full Article 

        A patient waits in the hallway for a room to open up in the emergency room at Ben Taub General Hospital in Houston, Texas, July 27, 2009.  Credit: Reuters/Jessica Rinaldi

      CBO: Health bill to cut deficit

      Democrats predicted weekend passage of a sweeping healthcare overhaul that budget analysts say would hit fiscal targets and cut the deficit.  Full Article 

       Billionaire financier and Berkshire Hathaway Chief Executive Warren Buffett attends the Berkshire Hathaway Annual Shareholders meeting in Omaha, Nebraska May 2, 2009. REUTERS/Carlos Barria

      Adoration is not a strategy

      A graduate student has Wall Street buzzing after offering some straight-shooting advice on investing in Warren Buffett’s empire.  Full Article