Senate approves credits for hybrid cars

The Senate has passed H.R. 6, or the energy bill, and it included tax credits for hybrid cars. At this point the details are sketchy regarding the amounts of the credit. The press release states, "The value of the tax credit ranges from $2,000 for smaller, personal cars to $40,000 for the purchase of buses, etc." The battle; however, is not over, as bills from the House and Senate are quite different. Now the politicking will truly begin.

(Read the full press release)