Political Quotes

“Mr. President, I have sought recognition to talk about two subjects--first, an amendment filed by Senator Rockefeller, amendment No. 3371 to amendment No. 3336, cosponsored by Senator Hatch, Senator Baucus, Senator Casey, Senator Bayh, and myself. This amendment would extend the steel industry fuel tax credit and make minor technical corrections to ensure that the steel industry will continue to recycle the hazardous waste called coal waste sludge. The recycling process which converts coal waste sludge into steel industry fuel eliminates a hazardous waste, ends the need to landfill or incinerate the waste, displaces fuel from the coking process, and increases the efficiency of coke-making. This recycling process makes the production of coke more efficient and cost-effective. Additionally, this provision will create jobs across the country and preserve thousands of fuel- making jobs in economically hard hit States. The technical corrections made by this amendment cover minor issues such as who has title to the coal in the few minutes before it enters the coke ovens and whether a minuscule percentage of the feedstock is pure coal or a material called pet coke. The extension of the tax credit and these minor technical corrections will ensure this credit can actually be used by processors and the steel industry. I am advised that all of the integrated steel companies and the representatives of their workers support this provision, which is a rarity in any industry.…”