RENEWABLOG

Renewable Energy Tax Credit Decisions Coming

Back from a short hiatus while the RSA event was going on. Security is Schwartz's biggest practice group and when RSA takes place it is all hands on deck.

So what did I miss while discussing whether or not social networks are the next big target for security threats? Well, nothing since I was still paying attention. But we saw a major development last week in the Senate, where they attached renewable energy tax credits to a housing finance bill with the hopes that it would go back to the House and pass, only then to be signed by President Bush. The measure was passed 88-8 in the Senate. The biggest hurdle facing the bill is from House Democrats who must figure out where the money will come from to finance the credits. I think it is safe to say, based on past behavior, that Bush will not sign anything that increases taxes on oil companies.

This next week or two should be interesting.

Posted by Jason Morris on April 14, 2008 at 9:18 AM
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