No Loan Guarantees To Construct The American Centrifuge Project In Piketon, Ohio

Floor Speech

Date: July 28, 2009
Location: Washington, DC

Mrs. SCHMIDT. Mr. Speaker, I rise today to ask a simple question: Where are the jobs? My constituents along with folks from all over Ohio and the Nation want to know where are the jobs. In my home State of Ohio, unemployment has risen to more than 11 percent. We have the seventh highest in the Nation. Every single county in my district has unemployment equal to or higher than the national average, and Pike and Adams Counties have above 15 percent.

Last night I was given even more devastating news: the Department of Energy has determined that it will not provide loan guarantees to construct the American Centrifuge Project in Piketon, Ohio. While campaigning last fall, then-candidate Obama pledged to support those loan guarantees. He wrote, "Under my administration, energy programs that promote safe and environmentally sound technologies and are domestically produced, such as the enrichment facility in Ohio, will have my full support. I will work with the Department of Energy to help make loan guarantees available for this.'' I guess that promise is equivalent to the promise to save or create 3 million jobs.

Mr. Speaker, I am asking you, Where are the jobs?


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