Recent Streetsblog NYC posts about U.S. Senate

GAO: Economic Recovery Benefits of ‘Cash for Clunkers’ Are ‘Uncertain’

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"Cash for clunkers," the White House’s much-touted program encouraging trade-ins for more fuel-efficient autos, had an "uncertain" impact on economic recovery, according to a new audit from the independent Government Accountability Office (GAO) — largely because it remains unclear how many of the car sales it spurred would have occurred without taxpayer subsidies. Were "clunker" […]

New GOP Bill Would Bar Enviro Reviews From Considering Climate

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Republicans on the Senate environment committee, who months ago began criticizing the Obama administration for evaluating federally funded infrastructure projects for their impact on climate change, today introduced legislation that would bar the White House from making climate a factor in environmental reviews. Sen. John Barrasso (R-WY), one of the new NEPA bill’s sponsors, holds […]

Menendez Proposes Tax Credit for Transit-Oriented Development

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New construction projects that are within a half-mile of transit stations and exceeding national energy-efficiency standards would be eligible for a tax credit under legislation introduced yesterday by Sen. Robert Menendez (D-NJ), the senior member of the Banking Committee’s transit panel. Sen. Robert Menendez (D-NJ) (Photo: Paterson Online) Menendez’s "green buildings" tax credit is aimed […]