On the recordJune 2, 2008
Again, the first provision I refer to deals with the authority of the President of the United States. The Committee reported bill, I felt, did not give sufficient protections to the Nation for unforeseen things that could occur while this law is being met across the Nation. So we give to the President the authority to change any provision in this bill that he--or possibly she--deems appropriate. And then it is up to the Congress to determine whether they support what the President has done or not. I say that because we have drawn on a procedure that has been time tested by the Senate, and indeed the Congress, to give such power to the President regarding legislation. Supposing that, as a consequence of the legislation, it is shown it is damaging our ability to recover from what appears now to be a weakened economy? Then the President can readjust the timetable or the provision which he deems is contributing to that problem. Now, we ask the power industry--most notably those segments of the industry dependent upon coal--coal is our largest natural resource of energy. This bill does not in any way try to damage coal. It, in fact, is a bill that will help that industry--our power industry--which requires coal as a source of energy for our daily needs. Give us time to explain to the coal industry how this is done.
Source
govinfo.gov




