Wednesday, June 20, 2007

Senate seeks compromise on auto fuel standards

(Reuters) - "It's a moving target," said Sen. John Kerry, a Massachusetts Democrat who is involved in negotiations between lawmakers, like him, who favor sharply higher mileage standards and allies of struggling Detroit-automakers who favor more modest increases.




Senate Majority Leader Harry Reid, a Nevada Democrat who backs the stricter approach in the bill, could not say when a compromise might be reached but sharply criticized the industry for years of resisting tough standards.


Read more at Reuters.com Bonds News

No comments: