As part of his push against Stimulus II, Sen. Jim DeMint’s office has put out a video on the green jobs aspect of Stimulus I. It focusses on Iberdrola, a Spanish wind company that has received hefty subsidies from the Obama administration.
I wrote about this “Section 1603” subsidy back in April.
(An interesting detail as our President speaks about “tax reform”: 1603 is administered not by the Energy Department but by the Treasury Department. You see, it’s technically a “tax credit.”)
