Congress

As Congress desperately tries to pass legislation to bail out Wall Street and restore confidence in the American economy, it is also managing to allow tax credits for renewable energy to expire at the end of the year. According to Robert Pear's recent New York Times article: "The House and the Senate conceded Monday that they were in a stalemate over proposals to provide tax incentives for the production and use of renewable energy, leaving the future of the nascent industry in limbo."

Unfortunately, this tax incentive has gotten caught up in congressional tax policy gridlock - no one thinks this policy is a bad idea, but it's basically the hostage of a broader debate on the budget and tax policy.  read more »

Congressional Democrats will now try to gather enough votes to impose a different plan from Petraeus' on the President. There’s no reason to believe they'll succeed.  read more »