The Stimulus Miracle: Chapter Twenty – Scotty, We Need More Power!
Fuck this is a grind, and I'm glad it's almost over (this is worse than following the Tour-De-France). The last section of the stimulus deals with energy. You can never have too much energy. Or apparently, pages in a bill. Anyway, this section amends the Energy Independence and Security Act of 2007. It increases benefits already given to anyone who took advantage of that bill. In addition, it provides for "financial support to smart grid demonstration projects in urban, suburban, and rural areas, including areas where electric system assets are controlled by tax-exempt entities and areas where electric system assets are controlled by investor-owned utilities." Grants will be provided to cover half of the costs in some cases.
There is also a lot about biofuels in here, none of which are specified but they keep using the word, "support". And there is more about Weatherization. And more Grants. And on and on. Again, very little is specific in here so far as money to be spent, but at least there aren't many reports to fill out. Maybe by the time they wrote this, they were tired and forgot about that part. The point of this section is to promote Energy Independence.
The last seven chapters didn't give much of a clue about cost, other than combined it would be somewhere around 435 billion, because direct Appropriations are around 390 billion. And I know, there have been amendments, and will likely be even more amendments. Health Care and Education make up the majority of this bill. This is a lot to digest. I will write a conclusion, which will be simply my opinion of course. But I won't be home tomorrow, so the only decision I have is whether to try and digest this tonight and write about it, or to give it some thought and come back tomorrow night or Wednesday and do it.
Next: Chapter Twenty-one – Conclusion And Opinion
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