[Congressional Record Volume 158, Number 145 (Wednesday, November 14, 2012)]
[House]
[Page H6349]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
{time} 1220
EXTEND THE WIND CREDIT NOW
(Mr. LOEBSACK asked and was given permission to address the House for
1 minute.)
Mr. LOEBSACK. Mr. Speaker, I rise again to highlight an important
issue to Iowa and the Nation, the wind production tax credit. It
expires in a month and must be extended immediately. Inaction has
already led to job losses in Iowa and threatens thousands more jobs in
our State.
The wind credit has bipartisan roots and was an important issue in
the Presidential and many congressional campaigns this year. The Senate
already passed a bipartisan package that included the wind credit. It's
past time for the House to act.
Iowa is the second-largest producer of wind energy in the country.
Wind manufacturing involves about 200 companies and 6,000 good-paying
jobs for Iowans. Congress should not play games with people'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 energy 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
that we still continue to suffer from.
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