Bush Veto Threat Doesn't Stop Senate Climate Debate

Law360, New York (June 3, 2008, 12:00 AM EDT) -- The U.S. Senate voted 74-14 Monday to begin debate on a climate change bill that would reduce the country's greenhouse gas emissions by up to 66% through a cap-and-trade program.

However, the Bush administration had already issued a veto threat that morning, saying the bill “would result in one of the largest costs ever imposed on Americans.”

“The president hasn't seen a cap-and-trade system designed yet and proposed to this Congress that he could support,” said White House Press Secretary Dana Perino.

She added that the...
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