The government is shut down over border wall funding, but only a month ago Senate Minority Leader Chuck Schumer asked President Donald Trump to support billions in green energy subsidies.
Schumer, a New York Democrat, in early December asked Trump to support “permanent tax incentives for domestic production of clean electricity and storage, energy efficient homes and commercial buildings, electric vehicles, and modernizing the electric grid.”
“If left unchecked, the damage caused by climate change will cause untold human suffering and significant damage to the U.S. economy,” Schumer wrote to Trump on Dec. 6.
Extending tax subsidy provisions primarily benefiting wind and solar power would cost nearly $32 billion over the next four years, according to Joint Committee on Taxation (JCT) estimates. Permanently extending these tax subsidies could add billions more to the tab. JCT estimates solar and wind tax subsidies will cost more than $7 billion in 2019.
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6 comments:
I think using the monies for the wall and painting it green is the best idea.
It sounds like Chuck's portfolio might contain some green energy stocks.
Chuck, Chuck, Chuck, Where sill you mind take you today?
SOLYNDRA!
Distraction and irrelevant to the issue... and it exposes the fact you know that Trumps shut down is bad for America, and is a loosing proposition.
10:11 has a valid point. Remember Green Energy Czar Van Jones of Obama's administration? He cost the taxpayers over $4.6 billion in lost tax dollars with his phony green energy 'plan'. Now the loser has his own talk show on one of the fake news channels.
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