Further, to clarify, the Senator is aware, then, that the renewable standard is higher than that proposed by the Clinton administration because it is 10 percent instead of 7.5 percent. Is the Senator aware that the penalty in the Bingaman-Daschle proposal is twice as high as that proposed by the Clinton administration?
Discussing renewable energy standards and penalties in relation to the Clinton administration's proposals.
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More from Don Nickles
We should not be giving advantages to our international competitors over our U.S.-based companies.
The administration's proposal would dramatically scale down the activity in the oil patch.
I do not defend 199, period. I think Congress--when you are rewriting the tax code, you should have a uniform corporate rate, not a lower rate for manufacturing.
If you do really good tax reform, you do not need energy tax issues. Let the marketplace work.
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