Thursday, June 21, 2007

UPDATE 2-US Senate drops tax package, boosts auto fuel rules

(Reuters) - WASHINGTON, June 21 - The U.S. Senate passed an
energy bill on Thursday that would raise the country's
automobile fuel efficiency standards for the first time in 30
years.




But the Senate dropped $32 billion in clean-energy
incentives after Republicans objected to about $29 billion in
extra taxes on big U.S. oil companies.


Read more at Reuters.com Bonds News

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