Senate to push energy deregulation bill amid Enron fallout
The Washington Post reports lawmakers plan a major deregulation bill to widen the wholesale electricity market. Senate Majority Leader Daschle and Energy Chair Bingaman back measures to empower FERC to force grid access for power traders despite Enron’s collapse.
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President proposes tax cuts and relief for unemployed workers
President Bush urged Senate action on economic stimulus while touting tax cuts and unemployment relief. He cited prior tax cuts taking effect, despite Sept 11, and called for extending unemployment benefits, more Medicaid funding, and emergency grants for displaced workers, with Democratic reaction mixed.
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