Senators Tweak Climate Bill To Make It Deficit-Neutral

Law360, New York (April 14, 2008, 12:00 AM EDT) -- In a last-minute change, three U.S. senators have revised language in a climate change bill to allow the Congressional Budget Office to declare the legislation deficit-neutral.

The CBO estimated that the original version of the Lieberman-Warner Climate Security Act (S. 2191) would increase deficits by an estimated $15 billion over the next 10 years.

However, the estimate for the amended version of the legislation pushed last week by Sen. Barbara Boxer (D-Calif.) and by the bill's co-sponsors, Sens. Joseph Lieberman (I-Conn.) and John Warner (R-Va.), found...
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