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Re: basserdan post# 3126

Thursday, 12/13/2012 9:22:19 AM

Thursday, December 13, 2012 9:22:19 AM

Post# of 45226
Copied from your post.
• Could gold make money for the federal government? Some lawmakers are looking at the mining industry's profits and are interested in a piece. The government collects royalties from fossil fuels extracted from federal lands and waters but it doesn't reap any profit from metals mined in the same areas. A 140-year-old law prohibits the government from collecting royalties on mining. Two Democrat senators, Arizona's Raul Grijalva and New Mexico's Tom Udall said they will press for a repeal. (AP)

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