>>ap: Congress will punt on tax credit extensions
September 29, 2008, 4:30 pm
Filed under: Policy

At noon Eastern time, the Associated Press reports that the impasse between the House and Senate on tax credit extensions — and on fixing the alternative minimum tax — will not be resolved before the House adjourns today.

If so, no action will be taken on extending the renewable tax credits until after the election, and possibly not until the new congress convenes in January.


1 Comment so far
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It is almost hard to believe that the members of congress actually had the foresight to not only extend the solar incentives but indeed lift the $2000 cap. Most likely this has more to do with timing then with political fortitude as the falling market and rising energy prices combined to bring presure to bear.

Regardless we should all be thankful nonetheless.


Jeff Dahlgren

Comment by Jeff Dahlgren

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