Statement from Third Way Vice President Matt Bennett on the Obama Administration’s Nuclear Financing Proposal

January 28, 2010

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Third Way strongly supports the President’s proposal to triple the budget for the nuclear power loan guarantee program. We have long argued that expanding nuclear power production is vital to getting America running on clean energy. We also have said that expanding the loan guarantee program is critical to restarting the construction of new nuclear power plants in the United States. The President’s proposal will not only help produce significant amounts of new carbon-free energy, it will create lots of American jobs in nuclear energy.

This proposal also will demonstrate to those who support nuclear power that this administration takes their ideas seriously. Hopefully, it will help encourage Members from both parties to come to the table to develop a truly bipartisan comprehensive energy reform strategy.

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