On the recordJuly 29, 2010
The numbers show that this year's bill that we will pass today spends $500 million, $500 million less than last year's bill. I want to repeat that, $500 million cut compared to last year's bill. We are aware of the situation, and we are reducing this expenditure by $500 million. That's the math. It should be bipartisan math, and there is no question about it no matter what kinds of pictures you want to bring out on your posters. But I also want to point out this bill does some things that are smart, looking to our future. Number one, it makes an investment in trying to move to cleaner aviation fuels so that we can reduce carbon pollution from our air aviation industry to invest in biofuels. We just flew the first algae-based biofuel Green Hornet, an Air Force F-18, at supersonic speeds. We think we can replace a significant number of fossil fuels with green fuels. This makes an investment. Second, this bill makes an investment in moving to the electrification of our transportation system.





