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.
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