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Senate Democrats and senate our house Democrats as well very quietly.
Ramping up efforts to push for more federal money for Green energy companies but.
After the collapse and that messy deal with Solyndra Republicans are raising red flags.
Congress -- Murphy Republican -- a Pennsylvania house member the energy and commerce committee co chair of the doctors caucus with renowned studio.
Nice to see here in New York review with you good morning to you were trying to -- our way through this thing -- -- more stimulus is the answer for the Green energy plan.
No of this is more billions going in the whole problem with much of this it was rushed it was reckless.
We had secretary -- in front of our committee.
If lots -- front of our committee saying what are you gonna change in how you did this there's Sony made -- so many mistakes and another when he was more.
In in -- tax plan to also give some more cuts and some of these are going to some pretty big.
-- companies that don't necessarily need them like.
Well what Warren Buffett might Pepsi -- credentials and to Coca-Cola credential.
Other big local colas and Green energy tax dollar -- -- until well well to to have various kind of things I mean these these will work for solar for wind power -- -- And the question is do we want to put more billions into this because what it does is it gives these companies a tax break in other words they get a grant.
In lieu of taxes they might -- in this and then they're able to fund 30%.
For someone to have some wind power project or something along those lines now.
While we're trying to find every possible penny to bring back and not have to run more deficit.
Why while the president is traveling around the country saying too many companies and not paying taxes.
Why we've seen them you don't have to -- what do you think so Linder was that the the exception -- the rule.
Based on what we know and -- concerns -- when we had the hearing was secretary -- The problem was when he was talking with some when I questioned him -- you have all these folks saying it is wrong did you review any this data and he said no.
So my concern -- still haven't broken system there in terms of how these things -- -- because they're trying to rush them through.
If the issue is making jobs why they say no to the Keystone Pipeline is a 100000 and.
-- could be this is what senate Democrats are saying this and support for this is vital.
They go on a -- some stunning numbers in two and a half years treasuries -- granted 23 billion dollars 23 billion in private sector investment.
-- supporting 22000.
In all fifty states supporting about 290000.
Jobs it sounds enormous.
Yeah well gee do you believe these numbers well they might be torn some level you start to say what really came out of this night I don't know but the job numbers those are always.
Can be stretched a little bit.
But we know that there's about a 100000 jobs and company keystone pipeline and we knows what a million jobs -- -- for Drupal oil offshore.
And -- offshore we know that by -- on Yucca Mountain we've lost a lot of jobs.
So if we want to have a broad based energy policy let's do it but this idea of focusing money into these projects.
Which are very very expensive and that you -- news is it being done because we want to compete with China on this whatever.
It comes down a couple issues we are broke as a country.
And continue to push some of these these taxes and give -- tax breaks to big companies.
It just doesn't make sense in broad scheme of things in the presence also going to be spent and what what hears from the house Democrats now it is absolutely essential that we extend the clean energy program.
To ensure these job creating projects continue you have access to financing.
And that we continue to lead the world in clean energy innovation they argue the private sector.
Will likely not be able to support itself if you look at these numbers.
Well look at some of things or when Warren Buffett got and they were able to lock in higher prices -- wind energy.
Now -- much slower and so they're saying they can't get the return on the dollar well it under the -- of it's not working as a financial system.
Then you have to have massive government subsidies to make -- work.
There's a lot we can be doing cleaning up coal -- -- more of our own.
Domestic energy and clean up the environment and so they would argue that technology is there to do it I don't know where this goes time's running short here.
But we'll see whether or not the Democrats get their way or where the you do Tim Murphy thank you Republican offensively.
Nice to see -- Christmas you Martha.
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