US Senate halts progress of energy bill

The proposed energy bill would boost fuel economy standards for passenger vehicles, increase production of renewable motor fuels, set a renewable energy standard (RES) for electric utilities and take away from the largest oil companies $13.7 billion in tax credits to pay for new and expanded renewable and alternative energy programs.

The US House of Representatives voted 235 to 181 to pass the bill on Thursday, while The White House threatened to veto it, citing the tax and renewable electricity

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