the majority leader is coming to the floor at 6:30, and I will yield to him at that time. I would like to thank Neena Imam, who is sitting with me, for serving on my staff for the past two years as a fellow with the Oak Ridge National Laboratory. She has done a terrific job working for me on energy and environmental policy. Mr. President, today is the 100th anniversary of Milton Friedman's birthday, the Nobel Prize Laureate. One of his most important statements, in my opinion, was this, ``Nothing is so permanent as a temporary government program.'' It was reported by several media outlets that Governor Mitt Romney has taken the position that the wind production tax credit should be allowed to expire at the end of the year. He must have known Milton Friedman's birthday was coming today. I wouldn't presume to speak for Milton Friedman, but I think he would applaud Governor Romney's position. It shows his seriousness about our fiscal problems in the United States. It's time to end a temporary tax credit that was put into law in 1992, when President George H.W. Bush was in office and when Milton Friedman was only 80 years old. The wind production tax credit was a temporary tax break, in 1992 to encourage wind power. We give wind developers 2.2 cents for every kilowatt-hour of wind electricity produced. And now it's about to expire at the end of the year. It needs to be extended again the developers say. Nothing is so permanent as a temporary government program.…
On the recordJuly 31, 2012
Said by
Heidi Alexander
Labour Party
Source
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