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A possible breakthrough legislative proposal on gun background checks was
met with a mixed response ahead of a key test vote Thursday,
with the White House giving its blessing while some top Republicans and
gun rights groups still voiced concerns.Senate Democrats plowed ahead with
a planned test vote on the sweeping gun control legislation. The so-called
cloture vote is set for 11 a.m. ET Thursday, and a congressional
aide told Fox News that Democrats are likely to reach the 60-vote
threshold needed to proceed toward debate and eventually a final vote. They
will face resistance from more than a dozen Republican senators, including
Sen. Rand Paul, R-Ky., who have vowed to try to block the
legislation.A compromise struck between conservative Sens. Joe Manchin,
D-W.Va., and Patrick Toomey, R-Pa., boosted the legislation's chances and
earned praise from President Obama."I applaud Senators Joe Manchin and Pat
Toomey for their leadership on forging a bipartisan agreement around commonsense
background checks that will make it harder for dangerous people to get
their hands on a gun," Obama said in a written statement. "This
is not my bill, and there are aspects of the agreement that
I might prefer to be stronger. But the agreement does represent welcome
and significant bipartisan progress."But Sen. Tom Coburn, R-Okla., echoed
many Republicans in calling it "a good-faith but unworkable plan.""The proposal
will impose new taxes and unreasonable b
HERZLIYA, Israel The head of the U.S. company leading natural gas
exploration off Israel's coast on Thursday urged the country to develop
a national gas export policy, warning that government tax policy was scaring
off potential investors.Charles Davidson, CEO of Texas-based Noble Energy,
criticized Israel's decision in 2011 to nearly double tax rates on gas
profits after his company had already invested $1 billion in an offshore
field. He said the "very unusual" move may have driven away companies
from investing in Israel's emerging gas sector.He said he sensed hesitation
from potential investors who could help develop the Leviathan field, a large
find that is expected to produce enough gas for export."I felt that
.. companies were a little bit reluctant because of what had happened
on taxes in the past," Davidson said at the company's local offices
in the coastal town of Herzliya.In 2011, Israel's government raised taxes
on gas and oil finds, boosting the revenues to between 52 and
62 percent from under 30 percent.Davidson is in Israel after gas from
Tamar, one of Israel's new, sizable fields, started being extracted last
month. He hopes to convince authorities to agree on an export policy
that would provide clarity for investors looking to develop the resource.
For now, the gas is being used for domestic use only and
sold at fixed, previously negotiated prices.On Wednesday, Davidson met Israeli
Prime Minister Benjamin Netanyahu and
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