Heidi Alexander said "if my colleagues think it is a good idea to give rich developers of wind turbines a double dip into the Federal Treasury at a time when we are borrowing 40 cents of every $1, then this provision in the farm bill is for you. If you think a single dip into the Treasury is justified, then this amendment is for you. The farm bill gives new loans, new loan guarantees for wind turbines. That is on top of the 14 billion Federal tax dollars we are spending over 5 years for wind turbines--$6 billion through the production tax credit and the other $8 billion through the section 603 grants. This simply says: No double-dipping. Only one dip. If you do the tax credit, you can't do the farm bill. Vote yes if you don't like double-dipping into the Federal Treasury. The PRESIDING OFFICER. The Senator from Michigan." @ PoliticalQuotes.com

On the recordJune 19, 2012

if my colleagues think it is a good idea to give rich developers of wind turbines a double dip into the Federal Treasury at a time when we are borrowing 40 cents of every $1, then this provision in the farm bill is for you. If you think a single dip into the Treasury is justified, then this amendment is for you. The farm bill gives new loans, new loan guarantees for wind turbines. That is on top of the 14 billion Federal tax dollars we are spending over 5 years for wind turbines--$6 billion through the production tax credit and the other $8 billion through the section 603 grants. This simply says: No double-dipping. Only one dip. If you do the tax credit, you can't do the farm bill. Vote yes if you don't like double-dipping into the Federal Treasury. The PRESIDING OFFICER. The Senator from Michigan.

Said by

Heidi Alexander

Labour Party

Source

govinfo.gov

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