Political Quotes

“I rise to express my support for our renewable energy tax incentives. The production tax credit, PTC, for wind and the investment tax credit, ITC, for solar must remain intact as agreed to in this Chamber 2 years ago. These two credits are necessary to continue to create clean energy jobs in Colorado. Although the Senate tax package does not modify the PCT and ITC, the House version includes harmful changes to the existing credits. During the Finance Committee mark up, I asked the majority if they intend to preserve the ITC and PTC credits in current law during conference. Senator Grassley stated that, in private conversations with the administration, it indicated it would preserve the bipartisan compromise on energy credits. I urge the leadership to retain existing law on the energy tax credits during conference. I take this opportunity to ask unanimous consent that our exchange from the Finance Committee markup be printed in the Record. There being no objection, the material was ordered to be printed in the Record, as follows: Senator Bennet. Thank you, Mr. Chairman. Thanks so much for having a second round of questions. Ms. Acuna, I would like to know if the lack of an energy title in the Senate markup implies an endorsement of the House bill which undercuts the permanent extension of the ITC for solar, it reduces the credit for the wind PTC.…”