It’s almost hard to believe but it’s true: Today, Speaker Boehner and House Republicans will bring to the floor another bill that destroys American jobs.
The Continuing Resolution includes critical disaster assistance for states and communities hard hit by recent natural disasters but, setting a dangerous precedent, it is offsetting the cost by ending the Advanced Technology Vehicle Manufacturing loan program – an initiative that puts people to work producing cleaner cars and investing in innovation.
… stripping funds from ATVM would hurt employment. The ATVM loans to six companies have already created up to 42,000 jobs. [Center for American Progress, 9/19]
Michigan Rep. Gary Peters and California Rep. Anna G. Eshoo on Tuesday sent a letter to House Speaker John Boehner urging him to abandon a Republican proposal that would cut $1.5 [b]illion from the Advanced Vehicle Manufacturing Loan Program in order to offset recent disaster relief spending… But Tuesday’s letter urged Boehner and his Republican colleagues to avoid pitting the auto recovery against disaster recovery, suggesting that the Department of Energy is expected to award $2.5 [b]illion in loans by the end of the year to eleven companies in Michigan, Illinois, Ohio, Indiana and Louisiana — creating up to 10,000 jobs in the process. [Mlive.com, 9/20]
That’s right – this bill threatens jobs across the country – even in Speaker Boehner’s home state Ohio:
Columbus Dispatch – Bill to keep federal government running could jeopardize proposed car-battery plant
The U.S. House could vote as early as today on a $1 trillion temporary spending bill that critics charge could jeopardize the proposed construction of an automotive-battery plant in Columbus.
The measure, which would finance the operations of the federal government from Oct. 1 to the middle of November, would cut $1.5 billion from a U.S. Department of Energy program that could be used to help finance the costs of the proposed factory…
Coda Automotive, an electric-car maker based in California, wants a loan of more than $500 million from the Energy Department’s Advanced Technology Vehicles Manufacturing program to build a battery factory in Columbus. The project, which would lead to the hiring of more than 1,000 workers, has bipartisan support from Ohio’s congressional delegation.
Should the House bill pass, it would not necessarily end chances of Coda getting federal money. The Energy Department still would have $2.5 billion in the fund for loans. But the $1.5 billion cut would make it less likely that Coda would be awarded a loan. [9/21]
ATVM is also the same clean energy initiative that top GOP leader Rep. Darrell Issa – chairman of the Oversight and Government Reform Committee – is vociferiously denoucing despite requesting funds from this same program for an electric vehicle developer in his district.
Bloomberg – Issa Sought U.S. Clean Energy Aid in the Past
Republican Representative Darrell Issa, who said government subsidies to specific companies can encourage corruption, sought U.S. help in the past for clean- energy projects in his home state of California.
Issa, chairman of the House Oversight and Government Reform Committee, wrote Energy Secretary Steven Chu to support an Energy Department loan for Aptera Motors Inc., a Carlsbad, California, electric-car maker, according to a letter received by the department Jan. 14, 2010.
“Awarding this opportunity to Aptera Motors will greatly assist a leading developer of electric vehicles in my district,” Issa wrote in letters obtained yesterday…
In the C-SPAN interview [yesterday], Issa said government support for specific companies can be dangerous because politicians might favor companies out of ideology or because executives are campaign contributors. [9/21]