Environmental Politics

Congress Clears $100-Billion+ Transportation Bill

"Congress passed a transportation bill Friday worth over $100 billion, sending the bill to the president’s desk after months of brinksmanship."

"The massive majorities by which the package passed — 373-52 in the House and 74-19 in the Senate – do not capture the weeks of wrangling ahead of the votes.

The bill was in doubt until the last minute, with current transportation policy set to expire. The bill also capped federal student loan interest rates, which were expected to jump on Sunday. And it extended federal flood insurance programs."

Source: Politico, 07/02/2012

"A 2nd U.S.-Supported Maker of Solar Panels Will Close"

"Abound Solar, a solar panel maker that received a $400 million loan guarantee from the federal government, announced on Thursday that it would file for bankruptcy amid plummeting prices and intense competition from Chinese manufacturers in the solar equipment market."

Source: NY Times, 06/29/2012

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