Now, I would be the first to say that there's still $34 billion left. We have 50 companies that have presented applications to the Department of Energy. They've spent a lot of money. So to just cut it off right now would be basically unfair. I would like to end it right now. But it would be unfair. But let me just finish with this note. The Department of Energy's own Web site said that because of these loan guarantee programs, 1,175 new jobs were created in America in green energy. Guess what? Each job cost $12.8 million. Now, if you're a hardworking taxpayer out there, I don't think you want your taxpayer dollars going to risky ventures in which private capitalists get their money back before anyone else does and for every job created it costs $12.8 million. Let's pass this legislation.
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There are strong feelings on the issue because many people, and we are speaking for our constituents, believe that EPA is exceeding its legal authority under the direction of a president who is trying to impose his will on climate change…
Mr. Chairman, we have no further speakers on our side of the aisle except for myself, and I think I have the right to close. I don't know if the gentleman from Illinois has additional speakers or if he would like to go at this time.
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Mr. Chair, I yield 3 minutes to the gentleman from Texas (Mr. Olson), the vice chairman of the Subcommittee on Energy and Power.





