WASHINGTON (AP) -- Even as leading Democrats offered assurances to the contrary, government experts repeatedly warned that a new long-term care insurance plan could go belly up, saddling taxpayers with another underfunded benefit program, according to emails disclosed by congressional investigators.
REALITY CHECK Obama Press Secretary Tries to Dismiss White House Pressure to Rush Solyndra Loan as OMB E-mails Reveal Corners Were Cut
WATCH the Today Show Highlight "Green Embarrassment" WATCH ABC News Investigate "Whether Taxpayers Were Left Holding the Bag When the Warning Signs Were Clear"
WASHINGTON, DC - The House Energy and Commerce Subcommittee on Energy and Power, chaired by Rep. Ed Whitfield (R-KY), held a hearing today with members of the Federal Energy Regulatory Commission and state regulators to discuss the impacts of new EPA regulations on America's electric reliability.
WASHINGTON, DC - The Energy and Commerce Subcommittee on Energy and Power, chaired by Rep. Ed Whitfield (R-KY), today approved legislation to protect hundreds of thousands of American jobs. H.R. 2250, the EPA Regulatory Relief Act, and H.R. 2681, the Cement Sector Regulatory Relief Act, aim to fix EPA's boiler and cement rules to ensure that they set achievable standards and allow for more reasonable compliance timelines.
Today, leading power-generating company Luminant announced major layoffs as a result of the EPA's Cross-State Air Pollution Rule. The new rule places unfair and excessive burdens on Texas and other states, which will be forced to shoulder a disproportionate percentage of the country's emissions reductions. Luminant stated it will be forced to idle plants and reduce employees in order to comply with the new rule's stringent requirements and unreasonable compliance deadlines.