An $85 billion tax package that included reviving a key subsidy to - TopicsExpress

An $85 billion tax package that included reviving a key subsidy to the wind energy industry was struck down by the Senate on Thursday, after Majority Leader Harry Reid refused to let Republicans offer an amendment to kill the wind subsidy altogether. Only one Republican, Sen. Mark Kirk (R-IL), voted with Democrats to extend the tax package, which would have revived 50 tax subsidies for numerous industries after the Senate let them expire at the end of 2013. Among other things, Republicans had wanted to offer amendments to strike the Wind Production Tax Credit from the Senate package, a $13 billion tax break to the wind industry to help them compete with fossil fuels. thinkprogress.org/climate/2014/05/16/3438589/senate-kills-tax-extenders/

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