Loebsack wants Congress to pass wind energy tax credit
Thu, 15 Nov 2012 15:43:55 GMT —
In a push for Congress to pass the wind energy production credit, U.S. Representative Dave Loebsack of Iowaâ??s 2nd Congressional District paid a visit to the House of Representatives.
KTVO's Greg Deffenbaugh
, Loebsack, along with a group of other lawmakers took to the house floor, urging Speaker Boehner to bring up and pass legislation to extend the production credit; saying that Congress is messing with peopleâ??s jobs.
â??Iowa is the second largest producer of wind energy in the country. Wind manufacturing involves about 200 companies and about 6000 good paying jobs for Iowans. Congress should not play games with peopleâ??s jobs and pull the rug out from an industry employing thousands in the middle of an economic downturn. The wind credit is also critical for wind production and job creation. Congress must extend the wind credit now, before more jobs are lost, especially at this time with unemployment and economic downturn, which some are still suffering from,â?? said Loebsack. Click here to read KTVO's story.
Iowa Gov. Terry Branstad and Oregon Gov. John Kitzhaber said at a teleconference Tuesday that uncertainty over the future of the wind energy production tax credit already has hurt the industry - which employs 75,000 people and drives more than $10 billion a year in economic development. Branstad and Kitzhaber lead the Governor's Wind Energy Coalition, which represents 28 states.
The credit was first signed by President George H.W. Bush and backed by a number of prominent Republicans. But it stalled in Congress this summer amid opposition from conservative House Republicans, who argued it was wasteful spending.
The wind energy tax credit has received bipartisan support from those in Iowaâ??s delegation.
If not passed, more companies in Iowa could lay off workers, like Siemens did in Fort Madison due to uncertainty in the industry.
The Associated Press and KTVO reporter Greg Deffenbaugh contributed to this report.