Congress passes energy bill, Bush to sign it tomorrow

Congress passes energy bill, Bush to sign it tomorrow

Congress today approved the first fuel-economy increase bill in 32 years. Senate approved the bill last week passing it onto the House where it was approved by a wide margin of 314-100. The CAFE 35 calls for a 40 percent increase to fuel-economy to 35mpg.

President George W. Bush will sign the bill tomorrow officially raising the fuel-efficiency standards.

“Tomorrow we look forward to … the president signing the Energy Independence and Security Act of 2007,” White House spokeswoman Dana Perino said.

Let the backlash/complaining from the auto industry begin.

 

Source: Reuters

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