On the recordSeptember 16, 2010
Mr. Chairman, I rise in opposition to the bill before us today. I am going to ask my colleagues to vote ``no.'' We had a similar bill on the floor back in May; and in that bill we offered a motion to recommit, which passed, which struck the Home Star loan program. {time} 1250 This bill, the bill that we struck the loan program from back in May, was a $324 million authorization. This bill has come back to us at a $5 billion authorization. That is a little bit of a puzzlement. If it didn't make sense in May to start a new program for $300 million, it doesn't make sense in September to start the same program except for $5 billion. So, if for no other reason, we should vote against this bill. The second point I want to make is that the programs in the bill are worthwhile. I know that seems to be a little bit inconsistent with what I just said, but it is not that these are bad programs. The question is can we afford them when we have a deficit that is going to be between $1.2 trillion and $1.4 trillion this year? In another energy efficiency bill that has become law last year, we authorized, and I think we appropriated, $4.7 billion for the Department of Energy to do the same sort of programs that this bill would authorize. Today, the Department of Energy has spent about 10 percent of that, a little less than $500 million. So they have over $4 billion that has been appropriated that hasn't been spent. Now, I'm not casting stones on the Department of Energy.…





