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Grid gets in line for funding
Certainly no one is happy that the U.S. economy is in such dire straits that policymakers are talking about a stimulus plan that could cost more than $500 billion. But an unintended benefit for Barack Obama is that the bill gives him a chance to make good on a number of his more expensive campaign promises.
Obama discussed the broad outline of his hopes for the bill in a speech at George Mason University on Jan. 8, 2009.
"It is not just another public-works program," Obama said. "It's a plan that recognizes both the paradox and the promise of this moment — the fact that there are millions of Americans trying to find work even as all around the country there's so much work to be done. That's why we'll invest in priorities like energy and education; health care and a new infrastructure that are necessary to keep us strong and competitive in the 21st century."
Democrats in the U.S. House released a broad outline of what they hope to include in the 2009 stimulus bill and it contained many ideas Obama promised during the campaign, including $32 billion to create a "smarter and better grid" for energy transmission distribution and production. The plan says the focus will be on renewable technology.
Granted, this is still a proposal, but it's concrete enough that we're moving the Obameter from No Action to In the Works.
Our Sources
New York Times, Barack Obama speech on the economy at George Mason University , Jan. 8, 2009
U.S. House of Representatives Appropriations Committee Web site, Summary: American Recovery and Reinvestment , Report Text , and Bill Text, (pdfs) published and accessed Jan. 15, 2009