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Mr. TONKO. Mr. Speaker, many commissions who have advised Congress advise that the unemployment rate would continue to climb even after the American Recovery and Reinvestment Act were approved, simply because neglect and measures that put us into a deep hole where an administration spent down a surplus into a deep deficit was going to take a while to recover from. And so now with the investments made through that Recovery Act, I am very hopeful that in my district we will get good news, as GE, which is corporately headquartered in my district, has made application for some of the DOE moneys.
Because of accountability and transparency, the President is right to make certain that all of these moneys being released are greatly accounted for. Battery investment, battery advance manufacturing in battery worlds, will allow for a diversity of battery manufacturing that will allow us not only to have these batteries used for energy generation purposes, but for actually providing for the resources for transportation fleets, both large and small, and certainly working on investments that will restore intermittent energy supplies.
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