Steven Chu: “This budget helps reduce our reliance on oil by developing the next generation of home grown bio fuels and by…”

To promote economic growth and strengthen security, President Obama has called for an 'all-of-the-above strategy' that develops every source of American energy.

The government does not need to pick favorites.

President Obama has a plan for the United States to win the future by out-innovating, out-educating, and out-building the rest of the world, while at the same addressing the deficit.

pound for pound, dollar for dollar, he felt that ARPA-E was the most effective use of government resources he has seen in a long time.