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December 6, 2008

Oil Companies Score Another Lobbying Victory

-- by Dave Johnson

Democrats Set to Offer Loans for Carmakers,

Seeking to end a weeks-long stalemate between the Bush administration and House Speaker Nancy Pelosi, senior Congressional aides said that the money would most likely come from $25 billion in federally subsidized loans intended for developing fuel-efficient cars.
They got rid of the fuel efficiency funds. Great. Democrats cave, Bush and oil companies score another victory. For old time's sake.

Posted by Dave Johnson at December 6, 2008 8:07 AM


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