In response to:

Cash Cow Offered by Lame Ducks

Xtra Wrote: Nov 18, 2012 9:31 PM
A card-carrying Republican states; "They (the Dems) subscribe to Lenin's "big lie" theory, which says that if you tell a lie often enough, people begin to believe it." I replied, "You mean, like, the Republican party stands for small government and free markets?" Who here thinks the card-carrying Republican fessed up?

One of the important agenda items for the lame duck session of the 112th Congress is the extension of the Production Tax Credit (PTC) for wind energy. The PTC is set to expire December 31 and Congress estimates that extending it for one year will cost about $12 billion. I’ve written on it repeatedly.

It has been expected that during the lame duck session, PTC supporters will try to tuck an extension of at least one year into a bigger tax-extender package filled with provisions the fiscally-conservative, small-government Republicans support, therefore pushing them to acquiesce and let the...