Budget drama is growing in Washington D.C. as deficit hawks aggressively try to chop the size of government, and the President has recently added to the fray with his 2012 budget proposal. Clean energy investments in the stimulus and reauthorization of the COMPETES Act is in the crosshairs. Many budget cutting absolutists say the U.S. is so far in debt that every government program is on the table. Fortunately, the President understands that cutting the deficit should not come at the expense of supporting innovation—clean energy or otherwise. In fact, not everything should be on the cutting table because the country’s future health relies not only on reducing spending, but also on spurring innovation and thus economic growth.
Resources and Publications
September 10, 2014