Democrats to shelve fast-track process on climate bill, for now – Some Democrats and Republicans open to including language establishing a “reserve fund” for revenue from a cap-and-trade program

by

washington-deficit

http://www.nytimes.com/cwire/2009/03/23/23climatewire-dems-to-shelve-fasttrack-process-on-capandtr-10245.html

Under budget reconciliation rules, Democrats could move cap and trade at any point during the legislative calendar under the expedited process that requires only 51 Senate votes. If they take this route, however, the program may not end up looking like its authors intended. The “Byrd Rule,” for one, allows the Senate parliamentarian to strip out any provision that has no budget impact. For something as big as cap and trade, Senate Budget Chairman Kent Conrad (D-N.D.) has said the final product may end up looking like “Swiss cheese.”

Democrats for now appear willing to work on cap and trade through regular order, starting with a markup by Memorial Day in the House Energy and Commerce Committee. House floor action and a Senate bill are expected to follow this summer, with advocates optimistic they can win over some GOP support along the way. If not, reconciliation would return as an option.

“We may have a year or more to work through all this,” said Sen. Mark Pryor (D-Ark.), a member of the “Gang of 16,” a group of moderate Democrats from the Midwest, Rust Belt and West who figure to play a pivotal role in how a cap-and-trade bill is constructed.

“I’d hope the Republicans would have a seat at the table,” Pryor added. “I’d hope they’d be there in good faith. At some point, if they’re just going to tear things apart and not build anything, you’ve got to move on. Certainly, I think it’ll be a better bill if you have a lot of Republican involvement.”

It is still unclear how much the budget resolution that Congress writes will actually reflect Obama’s blueprint and any of his proposed specifics for a cap-and-trade plan. The White House spending plan released last month suggested specific emission targets for 2020 and 2050, a 100 percent auction of emission credits and assumed revenue of at least $650 billion over a decade that could be used for research, development and deployment on new low-carbon energy technologies, as well as tax rebates.

House Budget Chairman John Spratt (D-S.C.) has said he is open to including language establishing a reserve fund for revenue from a cap-and-trade program. Indeed, Senate Democrats did the same thing two years ago in anticipation of a floor debate over a bill from Boxer and Sens. Joe Lieberman (I-Conn.) and John Warner (R-Va.).

Senate Budget Committee ranking member Judd Gregg (R-N.H.), an opponent of climate language in a reconciliation bill, conceded last week that Democrats would not be out of step in leaving room for cap and trade. “They can do that with a reserve fund, and that’s the traditional way we’ve done it around here,” Gregg said.

But there is plenty of opposition on Capitol Hill — even among Democrats — to getting into any level of specifics on climate change when the fiscal 2010 budget document starts to move.

From CBS

March 23, 2009

Budget “reconciliation” one of the topics discussed.


23 Responses to “Democrats to shelve fast-track process on climate bill, for now – Some Democrats and Republicans open to including language establishing a “reserve fund” for revenue from a cap-and-trade program”

  1. Troy Says:

    1st

  2. Katie Says:

    Second

  3. rosettasister Says:

    Budget resolutions come into focus

    CongressDaily March 23, 2009

    http://www.govexec.com/dailyfed/0309/032309cdam1.htm

    In the Senate, Budget Committee Chairman Kent Conrad, D-N.D., has been adamant against using reconciliation for such reasons, because it is limited to legislation that has a fiscal impact, which makes many healthcare changes, for example, subject to the Byrd rule, which bars extraneous provisions from being included in a reconciliation bill. It takes 60 votes to waive the Byrd rule.

    The Senate Budget Committee is planning to mark up its resolution on Wednesday and Thursday, with action on the floor expected next week.

    Conrad last week said he feels confident he can get a resolution through the Senate.

    So does Sen. Jeff Sessions, R-Ala., who has been very critical of the budget’s tax proposals.

    “I think it is possible we will see some alteration,” said Sessions, a member of the Budget Committee. “But the Democratic majority is very large in the Senate. It can be passed with a simple majority, 51 votes. Senators are loath to challenge their newly elected president. I think there will be a lot of pressure on them to pass it as it is” or with few significant changes.

    Budget writers in the Senate will have to contend with a group of moderate Democrats who want to trim spending and oppose the use of reconciliation to pass contentious legislation.

  4. Katie Says:

    j.b. – I love the first sign idea you posted. Go for it!!

    Here’s a GREAT idea I found over at the912project.com…

    “I hung a teabag from my rearview mirror on Friday and am encouraging others to do it as a sign of solidarity. I would love to start spotting them in other cars…so I know who’s on my side! Spread the word:)”

  5. Katie Says:

    Shocker: Global Warming Simply No Longer Happening

    http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=92557

    Can someone please tell me when the climate ISN’T changing??? That’s what climate does!!!

  6. rosettasister Says:

    Great Minds Think Alike!

    Democrats to shelve fast-track process on climate bill, for now

    http://stopsocialism.wordpress.com/2009/03/23/democrats-to-shelve-fast-track-process-on-climate-bill-for-now/

  7. Fernley Girl Says:

    Obama’s Doo-Doo Economics, by Rick Saunders at America’s Right.

    http://www.americasright.com/2009/03/obamas-doo-doo-economics.html

  8. rosettasister Says:

    CBO Sees $1.8 Trillion Deficit

    http://www.centerfortaxstudies.com/blog/taxnews/2009/03/23/cbo_sees_1_8_trillion_deficit

    The new projections are likely to create significant problems for the Democrats’ agenda as the House and Senate prepare to clear their respective budget plans through the committee process during the next two weeks.

    Senate Budget Committee Chairman Kent Conrad, D-N.D., who has already voiced concern over the administration’s budget blueprint, said the new CBO numbers show that the continuing weakening of the economy has significantly worsened the fiscal outlook and will make it more challenging for Congress to craft a budget resolution.

    “The reality is we are going to have to make adjustments to the president’s budget if we want to keep the deficit on a downward trajectory,” said Conrad.

    House Majority Leader Steny H. Hoyer, D-Md., said that the new forecast was expected as a result of how quickly the economy has weakened.

    He defended Obama’s budget as accurately accounting for the cost of indexing the alternative minimum tax (AMT), Medicare medical payments and two wars.

    Hoyer said, however, that it is essential for Congress to cut the deficit by working with the White House to craft a budget resolution that responds to the rising red ink.

  9. rosettasister Says:

    Fernley Girl Says:
    March 23, 2009 at 6:27 pm

    Obama’s Doo-Doo Economics

    ——————-

    I heard an Obama supporter on the radio say that O’s basketball game was “doo-doo”

    Man, he just cannot catch a break, even from his own peeps!

  10. Katie Says:

    LOL – “Obama and his Binky” (aka BO’s BFF)

  11. rosettasister Says:

    Color Me a Naysayer

    Obama volunteers hunt budget support in Birmingham, Alabama grassroots campaign

    http://www.al.com/birminghamnews/stories/index.ssf?/base/news/1237709752152800.xml&coll=2

    Obama’s plan faces criticism from Republicans and others who say it’s too expensive. The nonpartisan Congressional Budget Office released a report Friday saying Obama’s agenda would cause huge budget deficits, forcing the country to borrow $9.3 trillion in the next decade.

    Those who gathered at Kelly Ingram Park in downtown Birmingham were urged to enlist others who share Obama’s vision and to stay away from trying to convert naysayers.

    “We’re looking for supporters,” said DeHaven of Hoover, one of the event’s organizers. “We’re not looking for a fight. That will come later, when we have an army.”

  12. rosettasister Says:

    Biden Tests Obama’s Limits on Taking a Joke

    http://www.newsmax.com/hirsen/Obama_Biden_Leno_King/2009/03/23/194887.html

    Barack Obama is the first president since Grover Cleveland to skip the Gridiron Club’s annual dinner.

    Somehow Joe Biden was sent instead to the formal press event where politicians essentially roast each other.

    True to form, the vice president hit a big nerve. He set up a joke by pointing out that California Gov. Arnold Schwarzenegger, who was a speaker at the event, was born in Austria. He then explained that Michigan Gov. Jennifer Granholm, also a featured speaker, was born in Canada.

    Biden’s preliminary punch line was, “This is going to be Lou Dobbs’ worst nightmare.”

    Having broached the citizenship subject, he proceeded to allude to the Obama birth certificate controversy.

    “I never realized just how much power Dick Cheney had until my first day on the job,” Biden said.

    “I walked into my office, and you know how the outgoing president always leaves the incoming president a note in his desk?” he said. “I opened my drawer, and Dick Cheney had left me Barack Obama’s birth certificate.”

    The president’s birth certificate has been the subject of citizen lawsuits, alleging that Obama hasn’t established the citizenship by birth prerequisite necessary to hold the office.

  13. rosettasister Says:

    Polarik versus Pam Geller

    http://www.freerepublic.com/focus/bloggers/2212020/posts?page=74#74

  14. rosettasister Says:

    http://www.freerepublic.com/focus/bloggers/2212020/posts?page=143#143

    To: little jeremiah

    I telephoned the Honolulu Advertiser (the Sunday Advertiser is a part of it) and spoke with someone in commercial sales who said that he placed his daughter’s birth announcement in the Advertiser by phone back in 1978.

    Although that doesn’t prove what was done in 1961, but if you count the numbers of birth ads in the Aug 13, Advertiser, and compare them to the total number of births that occurred during those dates, you will see that they represent only a subset of total births recorded.

    143 posted on Sunday, March 22, 2009 8:29:17 PM by Polarik

  15. rosettasister Says:

    http://www.freerepublic.com/focus/bloggers/2212020/posts?page=146#146

    To: pissant

    “I see Atlas Shrugs still has techdude’s suspicious BC analysis up too.”

    She needs to reach some closure on that, don’t you think?

    146 posted on Sunday, March 22, 2009 8:38:14 PM by Polarik

  16. rosettasister Says:

    I’m always amazed at the top searches which lead people to RosettaSister.

    Top Searches as of late

    rosettasister, sedona, cindy mccain, ella fitzgerald, creation

    bbl

  17. Katie Says:

    rosettasister Says:
    March 23, 2009 at 7:07 pm

    Color Me a Naysayer

    Obama volunteers hunt budget support in Birmingham, Alabama grassroots campaign

    “We’re looking for supporters,” said DeHaven of Hoover, one of the event’s organizers. “We’re not looking for a fight. That will come later, when we have an army.”
    ~~~~~~~~~~~~~~~~~~

    Um, don’t we already have an Army? You know…the folks that protect the citizens? They’re kinda like the Navy, Air Force, Coast Guard, and Marines!!!

    Obot.

  18. Katie Says:

    rosettasister Says:
    March 23, 2009 at 7:34 pm

    I’m always amazed at the top searches which lead people to RosettaSister.

    Top Searches as of late

    rosettasister, sedona, cindy mccain, ella fitzgerald, creation
    ~~~~~~~~~~~~~
    At least you’re in good company, Rose. It could have been “bend over and grab your ankles”. LOL

  19. JAC Says:

    just wondering Troy if you got my email

  20. zenstorm Says:

    1

  21. rosettasister Says:

    New Thread for a Monday Evening:

    https://rosettasister.wordpress.com/2009/03/23/space-age-bachelor-pad-music/

  22. Troy Says:

    JAC Says:

    March 23, 2009 at 7:38 pm
    just wondering Troy if you got my email
    *********************************
    Does this answer your question?….Thanks!!!

    (\__/)
    (=’.’=)
    (”)_(”)

  23. Hot News » Jennifer Granholm Says:

    […] […]

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