Budget deal rewards energy sector with tax breaks and Vogtle boost
Congress approves a two year budget package boosting military spending and domestic programs while delivering tax breaks for advanced nuclear energy at Vogtle Georgia and geothermal pumps. The deal patches gaps from 2015 and reinstates oil spill liability tax while sparing some renewables.
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House Votes Shape Abuse Rules and Menu Label Push
The House advanced bills on sexual harassment reform in politics and blocked an FDA menu labeling rule. The measures seek public disclosure of settlements, staff protections, and clearer nutrition labeling while the Senate fate remains uncertain.
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Senate Passes Spending Bill Boosting Discretionary Funds
The Senate approved HR 1892 with 741 in favor and 28 against to raise discretionary spending by at least 300 billion through September 30 2019 while increasing deficits over 10 years by about 320 billion or 448 billion with borrowing costs. Military programs get about 60 percent of the boost. education health care transportation and social services receive the rest. The measure repeals the Independent Payment Advisory Board renews energy tax breaks extends business credits authorizes sale of 100 million barrels of oil from the Strategic Petroleum Reserve and hikes fees and security charges. One more step to the House.
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