The Senate failed to pass an amendment that would have extended a set of expiring tax credits for wind energy, biofuels, energy efficient homes and other tax breaks.
The wind energy production tax credit and the other tax breaks are set to expire at the end of the year. The amendment, introduced by Sen. Michael Bennet, D-Colo., needed 60 votes to pass in the Senate, but failed by a vote of 49-49 on Tuesday. However, a new bill was introduced Thursday in an attempt to extend the tax credit again.
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