Today the Senate is voting on dozens of amendments to its annual Budget Resolution ; the blueprint for the Congress’s spending plan for 2010.  While the hundreds of amendments currently on the table cover the spectrum of good, bad, and ugly, one non-binding amendment regarding the DOE loan guarantee program caught our attention.   Just two months ago we aggressively opposed a proposal to expand the loan guarantee program in the stimulus .  The expansion was defeated, but this amendment that could potentially be voted on today shows it is not forgotten.

The proposed amendment , filed by Senators Crapo, Graham, Brownback, and Voinovich creates a deficit neutral reserve fund for a $50 billion expansion of the DOE Loan Guarantee program.  At this point it is unclear if the amendment will receive a vote today or be lost in the shuffle of the dozens of amendments to be considered.

Share This Story!

Related Posts