Details of Budget Agreement

The debt ceiling would be raised by $2.1 trillion with spending cuts of $1 trillion over the course of ten years. The cuts will be enacted immediately. CUTS: $350 billion from the defense with another $1.5 million to be cut via a bipartisan committee by November 23, 2011 If there is no agreement on the […]

Incentivizing Offshore Wind Power Act

Senator Tom Carper (D-Del.) and Senator Olympia Snowe (R-Maine) brought forth legislation that has financial incentives for the investment of offshore wind energy. Cosponsers include Senators Robert Menendez (D-NJ), Susan Collins (R-ME), Chris Coons (D-DE), Sheldon Whitehouse (D-RI) and Sherod Brown (D-OH). Senator Menendez was quoted as saying “ This targeted, temporary incentive will be […]