Wind isn’t the only alternative energy industry to get a boost from the Fiscal Cliff deal. Also included is a tax credit for algae growers encouraging biofuel production that could one day power cars and boats.
As many had expected he would, the president did sign the fiscal cliff agreement with an autopen. The bill was back in Washington, D.C., while Obama was in Hawaii on vacation. So, it was signed by an autopen machine that produces a copy of the president's signature. As we outlined earlier, this has been done before.
Our original post — "How Will President Obama Sign The Fiscal Cliff Bill?"
Originally published on Wed January 2, 2013 2:03 pm
Credit J. Scott Applewhite / AP
The budget negotiations that led to a frantic New Year's deal on taxes confirmed many lessons about the way Washington works today.
For one thing, many of the most important relationships in the capitol appear to be broken. President Obama and House Speaker John Boehner led negotiations on a budget deal for most of the post-election period, but once again they came up empty.