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For Immediate ReleaseThursday, May 17th, 2001   Contact: Keith Ashdown
Tel: (202) 546-8500 ext.110 

Statement by Cena Swisher,
Program Director at Taxpayers for Common Sense on
the Bush Administration’s Energy Report

MORE INFORMATION

*REQUIRES THE FREE ACROBAT READER

The recommendations in Bush-Cheney energy plan promote many policies that
have been advocated in the past and failed. Coal and nuclear power are the clear winners in this plan. The resurgence of both nuclear power research and development and clean coal technology represent a step back in energy policy.

The Administration leaves the heavy lifting to Congress. The report does not include some of the most unpopular tax subsidies to the oil and gas industries. The report doesn’t need to include tax subsidies to the oil and gas industries as Congress will expand upon these existing giveaways, and will more than likely authorize new tax breaks for these wealthy industries.

This report also brings back programs that have been killed several times by Congress, such as Pyroprocessing technology for spent nuclear fuel. It’s a
budget of the living dead.

The end result will be the combining of the Administration’s and Congress’ plans, resulting in billions in subsidies for wealthy energy industries.

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Taxpayers for Common Sense is a non-partisan budget watchdog that serves as an independent voice for American taxpayers.  Now in its second decade of service to the nation, TCS works to ensure that our government spends taxpayer money efficiently and responsibly by working to eliminate wasteful and harmful federal spending.

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