Reply #46: wrong - Fact check asserts "increase based on CRC report" - but CRC does not say increase - just

[papau]

give aways

the link to the actual report on 2005 Energy Bill is above - as is the CBO numbers - that agree with CRC

Fact Check is wrong re 2005 Energy Bill - irony - but they are wrong

As to "2007 Energy Bill" - sorry - but the discussion is about Obama's vote on HR6 - THE 2005 Energy Bill


During debate on the 2005 energy bill, Obama helped to vote down an amendment that would have killed vast loan guarantees for power-plant operators to develop new energy projects. The loan guarantees were called “one of the worst provisions in this massive piece of legislation” by Taxpayers for Common Sense and Citizens Against Government Waste; the public will not only pay millions of dollars in loan costs but will risk losing billions of dollars if the companies default.

Since arriving on Capitol Hill, Obama has been as assiduous as any member of Congress in promoting ethanol. He has introduced a number of measures that benefit the industry—such as the “Obama Amendment” that offered oil companies a 50 percent tax credit for building stations that offer E85 fuel—and voted for the corporate-welfare-laden 2005 energy bill, which offered billions in subsidies to ethanol producers as well as lavish incentives for developing cars that run on alternative fuels.


ADM has apparently not contributed money to Obama, but during his first year in office he traveled on the company’s private jets at least twice. All told, Obama took twenty-three flights on corporate planes; after some atypically bad press for accepting the flights, Obama imposed a ban at his office on privately subsidized travel.http://www.harpers.org/archive/2006/11/0081275