Hybrid car tax credits still alive?

According to CNN, President Bush is going to give another speech to outline some add-ons to the Energy Bill that Congress recently passed. In addition to new oil refineries and nuclear power, Bush will also promote his tax credit proposal for hybrid cars and other clean vehicle technologies. While the House passed on these initiatives, the Senate still has an opportunity to incorporate them into the current legislation, which the President is hoping to sign by August. Hopefully, the Senate will do a better job than the House.

More on hybrid car tax credits.