Senate Finance Committee Chairman Max Baucus, D-Mont., introduced the Energy Independence and Tax Relief Act of 2008 as Democrats and Republicans haggle over how to pay for extending expiring tax provisions.

The two parties are locked in a battle over whether to respect pay-as-you-go rules for financing tax breaks. The Democrats have promised to abide by the so-called PayGo rules, but Republicans have resisted attempts to raise taxes.

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