A busy day on the Hill on Tuesday: In addition to the Petraeus and Kagan hearings and financial reform, Democrats offered to scale back their climate-change bill on Tuesday. “We believe we have compromised significantly, and we’re prepared to compromise further,” John Kerry said. Liberals will at least be heartened to hear that President Obama insisted in a meeting with several senators that the legislation puts a price on greenhouse-gas emissions. Senator Joe Lieberman said that some Republicans have indicated that they’d support a less ambitious bill that includes a price on carbon.
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