Quote:
Originally Posted by Vendzilla
Sure http://en.wikipedia.org/wiki/United_...ment_of_Energy
They got their money for loans from the Stimulus
President Barack Obama unveiled on May 7, 2009, a $26.4 billion budget request for DOE for fiscal year (FY) 2010, including $2.3 billion for the DOE Office of Energy Efficiency and Renewable Energy (EERE). The budget aims to substantially expand the use of renewable energy sources while improving energy transmission infrastructure. It also makes significant investments in hybrids and plug-in hybrids, in smart grid technologies, and in scientific research and innovation.[7]
As part of the $789 billion economic stimulus package in the American Recovery and Reinvestment Act of 2009, Congress provided Energy with an additional $38.3 billion for fiscal years 2009 and 2010, adding about 75 percent to Energy's annual budgets. Most of the stimulus spending was in the form of grants and contracts.
You're welcome |
It kills me (and everyone else) that you make a huge deal over something that really isn't. Your article says "2.3 billion dollars" but it's not like $2.3 billion went to Tesla, only a small amount did, and it's pretty pointless anyhow being as the money was repaid early AND the company is still in business. In fact, they opened up a dealership here in Rocklin. More jobs for us!
If you want to talk about how our government spends our money, let's talk. Explain to me why President Bush had a stimulus package that send hundreds of millions of dollars to the Phillipines to "repay Filipino veterans who had fought Japan during WWII". WUT? Can you please explain to me how a US stimulus package sent hundreds of millions of dollars went to a foreign country and how the US economy benefited from that?
You are so desperate to make Obama look bad that all you are doing is making yourself look worse.