The Hill: A Senate Democratic plan to replace a series of automatic spending cuts would require tar sands producers to start paying into a fund for oil spill relief. The Democratic package would end an exemption for the tar sands industry that excludes it from paying an 8-cent-per-barrel fee assessed on domestic and imported petroleum. Lawmakers are working on a package of cuts aimed at replacing $85 billion of government-wide spending reductions, known as sequestration, scheduled for March 1. For more...
URL: http://thehill.com/blogs/e2-wire/e2-wire/283261-senate-dems-sequester-replacement-plan-ends-tar-sands-exemption
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