Search   Advanced Search
LATEST NEWS
 
 
News
 Latest Headlines
 Quick Facts
 Breaking News
 Top Stories
 Feature Articles
 Politics
 US Policy
 General
 Commodities
 Canadian
 UK
 Indian
 Wallstreet Events
 US Economic News
 European Economic News
 Asian Economic News
 All Economic News
 FX Top Stories
 Currency Alerts
 Mkt Sensitive News
 Politics
 European Mkt Updates
 Asian Mkt Updates
 Treasury Mkt Updates
 Pop
 Rock
 Classic Rock
 Rap/Hip-Hop
 Country
 Alternative
 Oldies
 Movie Reviews
 DVD Releases
 Box Office
 Slide Shows
 Business News
Commentary/Analysis
 Daily Market Analysis
 US Market Updates
 US Commentary
 Asian Commentary
 European Commentary
 Canadian Commentary
 Indian Commentary
 Sector/Market Trends
Stock Alerts
 Stocks To Watch
 Long Term Stocks
 Before the Bell
 $5 and Under
 After the Bell
 Intraday Updates
 IPOs
 Hot Stocks
Earnings Calendars
 Upcoming Earnings
 Latest Earnings
 Pos Pre Announcements
 Neg Pre Announcements
Corporate Calendars
 Stock Splits
 Stock Buybacks
 Dividends
 Conference Calls
 FDA Calendar
 Board Meetings
 Mergers & Acquisitions
Ratings Changes
 Upgrades
 Downgrades
 Coverage Initiations
 Coverage Reiterated
 All Videos
 Market Commentary
 Top Stories
 Economic News
 Political News
 Foreign Markets
 Corporate News
 Entertainment News
 Top Stories
 Earnings
 Mergers & Acquisitions
 Market Commentary
 Economic News
 IPOs and New Issues
 Corporate News
 Forex News
 Interviews
 Private Equity
Economic Calendar
RTT DeskAlert
  Trading Center
Political News
House Ag Republicans Call For More Time To Study Cap And Trade
6/17/2009 6:46 PM ET
TOP MARKET NEWS
Stocks Close Mostly Lower Amid Disappointing Quarterly Results - U.S. Commentary
Stocks Remain Stuck In The Red In Mid-Afternoon Trading - U.S Commentary
Stocks Posting Moderate Losses In Early Afternoon Trading - U.S. Commentary
New Guidelines Recommend Women Wait Until 21 For Cervical Cancer Screening
Stocks Seeing Further Downside In Late Morning Trading - U.S. Commentary
Sponsored By
(RTTNews) -  Republicans on the House Agriculture Committee are calling on House Speaker Nancy Pelosi, D-Calif., to extend the timeline for considering a proposal to regulate greenhouse gasses.

The bill, which originated in the Energy and Commerce Committee, seeks to establish a nationwide system to regulate carbon dioxide emissions by setting a cap on the level of emissions and allowing companies to trade for permits to emit.

Pelosi set a deadline of June 19 to wrap up the Agriculture Committee's consideration of the legislation in the hopes of passing the bill before the July 4 Congressional recess.

But a letter sent to Pelosi Tuesday and signed by all 18 Republicans on the Agriculture Committee called that timeline "artificial."

"As a result of your stated deadline of June 19 for consideration, the Chairman of the House Committee on Agriculture has told us that there is insufficient time to completely hear from all of our constituents, analyze this complex proposal, and act," they wrote in the letter. "With the magnitude of this bill, it is critically important that the House Agriculture Committee has sufficient time to work its will."
The Republicans noted that in a recent hearing representatives of many agricultural sectors of the economy have expressed their opposition to the measure.

"Beyond these witnesses, 99 agriculture organizations have already publicly expressed opposition to the bill and more are added to the list each day," they wrote. "This is indicative of the growing concerns we are hearing throughout the agriculture community."

Citing the potentially sweeping changes that could be brought about by the bill, the Republicans asked Pelosi to extend the deadline.

"Both supporters and opponents agree this legislation will have far-reaching effects on generations to come," they wrote. "This matter deserves thoughtful consideration and a careful legislative process."

by RTT Staff Writer

For comments and feedback: contact editorial@rttnews.com



Share Article:   Del.icio.us    Digg    Y! My Web    Facebook    My Space

Email        Print        

 
     

More Political News

39  Christian Leaders Unveil "Call To Faith" On Life, Marriage, Religious Freedom
38  Senate Ethics Committee Admonishes Burris But Finds No Legal Wrongdoing
37  Senate Democrats Fault GOP For Failing To Advance Alternative Health Reforms
36  Sen. Nelson Says He Will Vote To Proceed With Debate On Health Care Bill
35  Sen. Gregg Calls Ron Paul's Fed Audit Amendment "Political Pandering"
34  Feingold Critical Of FEC's Decision To Revise Rules On Campaign Travel
33  Republicans Voice Concern Over Napolitano's Remarks On Immigration
32  Sen. Levin Introduces Resolution Condemning Iran For Human Rights Violations
31  House Passes Bill To Stop Reduction In Medicare Payments To Doctors
30  Ron Paul's Fed Audit Proposal Passes Financial Services Committee
29  Honduras' De Facto President To Step Aside During Election
28  Major Powers To Weigh Sanctions, Iran Dismisses Threats
27  Abdullah Turns Down Karzai's Invitation
26  Iran Demands U.S. Release Assets
25  Japan, China Agree On Enhanced Military, Political Exchanges

 

Copyright © 2009 RTTNews. All rights reserved. By using this site, you agree to the Terms of Service.

Feedback| Terms of Service | How To Use RTTNews.com| Advertise| Buy Content | RSS