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Click here to visit the new home of Politics Daily!(Dec. 9) -- After falling three votes shy of the 14 needed, the deficit reduction commission report won't make it to Congress. And dying on the vine with it is the suggestion of a 15-cent increase in the federal per-gallon gas tax. With gas prices rising this winter and the economy still struggling, any talk of a gas tax increase was likely to rile the public. But we at Edmunds.com believe that a gas tax can be beneficial -- if it's set at a much higher rate than 15 cents per gallon, and only as part of a "grand bargain" that lightens the load for taxpayers in other areas and simplifies the ...
The Environmental Protection Agency ruled that a consortium of seventeen states including California, New York, New Jersey, and Connecticut could not issue their own regulations limiting carbon dioxide emissions from cars. The EPA said that it believed that a single national standard would be preferable to individual and perhaps differing state limits. EPA Administrator Stephen Johnson said that such a move by the states would be preempted by any future Federal rule anyway, and would render portions of the energy bill just passed by Congress and signed into law by President Bush ...
Congress is back from their two-week Thanksgiving break and they appear close to an agreement that would raise fuel economy standards by 2020. The new standard would be set at an average of 35 miles per gallon for all passenger vehicles sold in the country. Reaction to the compromise between environmentalists and the auto industry appears to be generally positive. ...
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