American Recovery And Reinvestment Act Of 2009

Floor Speech

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Mr. THOMPSON of California. Mr. Chairman, the green stimulus provisions in this bill will generate tens of thousands of jobs and result in billions of dollars in economic investment.

Solar tax provisions that I authored will allow State and local governments, like Sonoma County in my district, to help homeowners and businesses more easily finance the purchase of solar. We are also making other critical investments in solar by creating a grant program to incentivize businesses to invest in renewable technology today, instead of waiting until the economy improves. An additional $4 billion in bonds for use in renewable energy projects will be available for State and local governments as well.

These are just a few of the green stimulus provisions. Not only will this bill create green jobs that our economy needs today, but it will also enhance the long-term security and sustainability of our economy by investing in a smart-energy future that helps free us from our dependency on foreign oil.

I encourage everyone to vote ``aye'' on this bill.

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