Monday, November 9, 2009
Millions in Stimulus Funds to Aid Foreign Companies
Senator Charles Schumer
_______________________________________________________________________ FOXNews.com - November 09, 2009 Senator Charles Schumer, New York, Democrate, wrote a letter to Energy Secretary Steven Chu urging him to deny stimulus funding to a Texas wind farm that would rely on wind turbines made in China. Its been reported that $849 million in U.S. grants have gone to foreign wind turbine companies in the past two months alone. The $1.5 billion project would create up to 3,000 jobs in China but according to one report only 330 jobs in the United States, most of which would be temporary. ________________________________________________________________________________
There are American companies that make turbines,
General Electric (NYSE: GE) and Siemens AG (NYSE: SI) are two.
Why would our stimulus money be used to fund foreign companies? All stimulus money should be used for American enterprises and projects, and American jobs.
What is happening to our country?
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment