As the Senate considers H.R. 2028, the Energy and Water Development Appropriations Act of 2017, NTU urges all Senators to support initiatives that reduce expenditures, promote a true “all of the above” energy policy, and uphold free-market enterprise.
To that end, NTU will consider “YES” votes on the following amendments to be the pro-taxpayer position:
Coats (R-IN), Fischer (R-NE), Toomey (R-PA) ATVM Amendment: This amendment would responsibly wind-down the Department of Energy’s (DOE) Advanced Technology Vehicles Manufacturing (ATVM) loan program by prohibiting any new loan applications submitted after the date of the bill’s enactment from being reviewed and enacting a deadline at the end of FY2020 after which no loan credit subsidies will be fulfilled. This commonsense approach to the costly ATVM program would reduce risk for taxpayers who have been on the hook for past risky loans, including those to Fisker Automotive, whose flammable high-end cars cost taxpayers $139 million when the company went under.
Ernst (R-IA) Regional Commission Amendment: This amendment would eliminate funding for the Appalachian Regional Commission, the Delta Regional Authority, the Denali Commission, and the Northern Border Regional Commission saving taxpayers $200 million by addressing duplicative and wasteful economic development programs.
Roll call votes on the above amendments to H.R. 2028 will be included in our annual Rating of Congress.
If you have any questions, please contact NTU Federal Affairs Manager Nan Swift (703) 683-5700