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Sanders Passes Amendment to Stop Corporate Welfare for the Construction of Nuclear Power Plants in China

Date: June 29, 2005
Location: Washington, DC
Issues: Energy


Sanders Passes Amendment to Stop Corporate Welfare for the Construction of Nuclear Power Plants in China
6/29/2005

WASHINGTON - Tuesday, Congressman Sanders led a tri-partisan coalition in successfully prohibiting the U.S. Export-Import Bank from using taxpayer dollars to fund the construction of nuclear power plants in China. Sander's amendment, which passed with overwhelming bipartisan support, was offered as part of the FY2006 Foreign Operations Appropriations bill. Sanders' amendment passed 313-114.

Sanders said, "The passage of this amendment is an important victory for the American taxpayer, our national security, and the American worker. American taxpayers should not be subsidizing the construction of nuclear power plants to China."

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Sanders concluded, "This loan would have put U.S. taxpayer dollars on the line to subsidize a British-owned company for the transfer of U.S. nuclear technology to China that will end up destroying U.S. jobs. This is absurd public policy."

http://bernie.house.gov/documents/releases/20050630163627.asp

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