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CFA Urges House To Reject the Rural Energy Savings Program Act (Congress Needs the Fat Farm.)
Center for Fiscal Accountability ^
Posted on 09/16/2010 2:11:03 PM PDT by Andrea19
...This bill is redundant, expense and wasteful. It would authorize $5 billion for various energy retrofit projects, an enterprise the government has little business subsidizing if these loans were profitable to make, private industry would be making them. Other areas of concern we have with the bill are:
- The bill is duplicative because there are already many government projects that are supposed to fund energy efficient projects
- The stimulus bill allotted $4.7 billion for weatherization and only $368 million of that has been spent for that purpose after one year, due mainly to illegitimate and inefficient use of the money
- In addition to the $4.25 billion tab for lending expenses, taxpayers would also have to pay $750 million for a similar project called the Rural Energy Savings Program, bringing the total to $5 billion...
(Excerpt) Read more at fiscalaccountability.org ...
TOPICS: Business/Economy; Government; Reference; Society
KEYWORDS: congress; corrption; economy; statesrights
Look at all that waste.
Help promote Conservative activism here & here & here & here
posted on 09/16/2010 2:11:06 PM PDT
posted on 09/16/2010 2:35:06 PM PDT
by Bean Counter
(Now what kind of a geroo are you anyway?)
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