I pull it together as the Obama site was been "cleaned". Here are the two bills in question - he works with GOP to get a increase from 8 million to 25 million for small arms destruction around the world, and in return joins a promote coal bill that gives tax breaks to corporations.
Step 1:
http://www.globalsolutions.org/in_the_beltway/lugar_obama_bill_seeks_secure_weaponsThe “Conventional Arms Disarmament Act of 2005” (Title II of S.1949), commonly referred to as the Lugar-Obama initiative, was introduced in November 2005 and proposes to restructure small arms destruction operations within the U.S. government.
Cosmetically, the bill renames PM/WRA as the Office of Conventional Arms Threat Reduction, and joins all conventional weapons stockpile security and destruction programs within the U.S. government under one office. More substantially, the bill authorizes $20 million dollars (later 25 million) of NADR funding to be specifically earmarked for small arms destruction. However, unless budget requests raise the level of total NADR funding to compensate for the Lugar-Obama earmark, the increase in small arms destruction would have to be funded from the coffers of other NADR-funded programs.
Step 2
Senators Obama and Bunning Introduce Legislation to Expand Coal Use
WASHINGTON, D.C. -- U.S. Senators Jim Bunning (R-KY) and Barack Obama (D-IL) today announced that they have introduced S.3325, the "Coal-To-Liquid Fuel Promotion Act of 2006." Joining this bipartisan legislation as original co-sponsors are Senators Conrad Burns (R-MT); Richard Lugar (R-IN); Mark Pryor (D-AR); and Lisa Murkowski (R-AK). This comprehensive piece of legislation creates tax incentives for coal-to-liquids (CTL) technology and the construction of CTL plants. If passed, this legislation will help create the infrastructure needed to make CTL a viable energy resource throughout America......Tax Incentives for Investment and Production...Investment Tax Credit and Expensing - Expands 20% tax credit for CTL plants (including the infrastructure needed to capture, transport and sequester carbon) capped at $200 million a plant and limited to 10 plants. Provides a similar provision for expensing these investments, but does not allow double dipping....Fuel Excise Tax Extension for CTL - Extends the fuel tax credit for CTL products from 2009 (From SAFETEA-LU) until January 1, 2020.