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Kiss Off to Consumers

Kiss Off to Consumers

The appropriations portion of the House stimulus bill is not the only legislation with bad ideas.  The House Energy and Commerce Committee has also marked up their portion of the stimulus package.  During the Committee markup, Chairman Henry Waxman (D-CA) inserted a provision that would “decouple” utility rates from the amount of electricity or natural gas that the utilities sell.  According to the “decoupling” provision, states that accept federal energy efficiency grants from the economic stimulus package will have to…

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Posted in Bailout Watch, Deregulate to Stimulate, Economy, Energy, Odds & Ends, Politics as Usual, Stimulus to Nowhere, ZeitgeistComments (8)

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