Coal industry concerned about proposal for higher taxes
ABC News/AP
Coal companies are objecting to an Obama administration proposal that could raise their state taxes to cover the cost of regulating surface mining.
The federal Office of Surface Mining Reclamation and Enforcement is floating the idea to help cut its spending by $16.7 million. The agency's proposed $146.1 million budget for fiscal 2011 would cut the funds given to coal states to regulate surface mines.
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