http://org2.democracyinaction.org/o/5502/p/dia/action/public/?action_KEY=4923From Nuclear Information and Resource Service
Tell Congress Now: Stop $9 Billion in New Nuke Loans. No More Taxpayer Bailouts for Giant Corporations!December 7, 2010
The Obama Administration is asking Congress, as one of its last acts during this lame duck session, to sneak in $9 Billion for taxpayer loans for new nuclear reactor construction as part of its upcoming "Continuing Resolution" to keep the government funded.
This is at least the fourth attempt this year to increase the money available for new reactor "loan guarantees" (actually, these would be loans from the government's Federal Financing Bank)--despite the fact that the Department of Energy has not been able to spend the money it currently has available for such loans--it still has $10.2 Billion in unspent money available!
This money would go to some of the world's largest corporations; companies like Electricite de France, Toshiba directly, Westinghouse (owned by Toshiba), General Electric, and so on. When will Congress learn that taxpayers don't want to subsidize giant corporations, especially when they want to build dirty and dangerous new nuclear reactors in our communities!
With your help, we beat back the first three attempts to increase funding for this program. This one will be the hardest to beat yet, since the Administration's request is wrapped up in a larger package. So we need the loudest outcry possible. Please send a letter to your Senators and Representative below.
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