Political Quotes

Ron Wyden: “I wanted to point out to the chairman that if wind farms produce power, they get a tax credit for the energy they…”

On the recordJune 5, 2003
I wanted to point out to the chairman that if wind farms produce power, they get a tax credit for the energy they produce. But wind farms do not get any subsidy to build a facility. What is unique about the $16 billion exposure for taxpayers is only one energy source, under this legislation, gets a subsidy to build a facility. That has troubled the National Taxpayers Union. That is why they have been a strong supporter of the Wyden-Sununu amendment. This is not going to be about whether you are pro-nuclear or anti-nuclear. This is about whether Senators want to put at risk the taxpayers of the country for the prospect that the Congressional Budget Office has said has a 50-percent or higher failure with respect to constructing these facilities.
Said by
Ron Wyden
Democratic · Oregon

Editor's note · Context

Discussing nuclear subsidies and their implications for taxpayers during Senate floor debate.

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