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Alexander: Wind Industry Phase-Out "a Brazen Fleecing of the Taxpayers"

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Published on Dec 13, 2012

In a speech today on the floor of the U.S. Senate, U.S. Senator Lamar Alexander (R-Tenn.) called a proposal by the wind industry to phase out the wind production tax credit "as brazen as a bank robbery in the middle of the day on Main Street."

"The idea of continuing to waste [billions] of taxpayer money over the next several years to subsidize a mature technology, at a time when the government is going broke, is as brazen as a bank robbery in the middle of the day on Main Street. ...I hope it becomes the poster child for what's wrong with spending in Washington, D.C., and I hope that the congress will come to its senses this month and next month and say 'no' to those who come forward with their hand out for this giveaway."

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