U.S. Senate record vote 150, 110th Congress, Session 2

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Scored vote

Scorecard: Drum Major Institute 2008 Senate Scorecard

Org. position: Aye

Description:

"Middle-class Americans are increasingly feeling the effects of a misguided energy policy. The energy tax credit expansions and extensions in the Renewable Energy and Job Creation Act are part of a long-term strategy to alleviate high fuel costs, make the country more energy efficient, and ensure that the economy retains jobs in renewable energy and technology. Indeed, failure to extend energy tax credits for solar and wind power could result in the loss of 116,000 jobs. With the middle class already feeling the effects of weak employment, Congress must strengthen a renewable energy and energy efficiency industry that benefits both the environment and the economy. The Act’s unrelated changes to the child tax credit would directly benefit 12.9 million children of aspiring middle-class families coping with high food, fuel, and health care costs. Expanding the income floor for the credit means that very low-income families, who currently benefit less from the credit than higher-income families, will receive the support they need to make ends meet. Finally, the revenue-raising provisions of the Act not only make the legislation fiscally responsible, but make the tax code fairer by eliminating loopholes exploited by wealthy executives and multinational corporations."

(Original scorecard available at: http://www.drummajorinstitute.org/library/report.php?ID=87)

Scored vote

Scorecard: League of Conservation Voters 2008 Senate Scorecard

Org. position: Aye

Description:

"A broad coalition of businesses, construction companies, environmental organizations, investors, labor groups, trade associations and utilities agree that the single most effective measure to increase the use of clean renewable energy and energy efficiency is to extend and expand the present set of clean energy tax credits that are due to expire at the end of 2008. Energy experts maintain that extending the credits could save as many as 117,000 existing jobs and generate an additional $19 billion in domestic clean energy investment. On June 17, the Senate voted to move forward on H.R. 6049, the Renewable Energy and Job Creation Act of 2008, which had passed the House on May 21 by a margin of 263-160. This bill would have extended dozens of expired or soon-to-expire tax provisions for one year, including tax credits for research, investment in solar and fuel cells, and the production tax credit for wind and other renewable energy sources. The tax credits would be offset by closing various corporate loopholes. The majority of Senate Republicans maintained that there was no need to offset — pay for — extending existing tax credits, calling that move tantamount to a tax increase. In contrast, many conservative House Democrats insisted that all tax credits be fully paid for — a position the House leadership subsequently adopted."

(Original scorecard available at: http://www.lcv.org/2008-pdf.pdf)

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