Dear Mrs. Laska:
Thank you for contacting me to share your concerns regarding the state of the economy and the need for an economic stimulus package that will work quickly to address the most pressing challenges facing working families today.
In January, the Democratic leadership in the House of Representatives and the Bush Administration struck a bipartisan compromise to extend immediate tax rebates to more than 100 million hardworking Americans, including 35 million families who would have been unfairly left out under the Administration 's initial proposal. T his initiative passed in the House of Representatives, and it will soon be addressed by the full Senate, where alternative approaches are also being discussed.
While I have also called for extending tax rebates to working and middle class Americans, I believe that we need to go further in providing hardworking families with the assistance that they need. In addition to my support for fast-acting, progressive rebates, and ensuring that these rebates include senior citizen households, I have called for a comprehensive economic stimulus package that addresses the mortgage crisis, home heating costs, unemployment insurance and producing new "green collar" jobs through alternative energy investments.
Specifically, I have called for a $30 billion Emergency Housing Crisis Fund to assist states, cities and community organizations in preventing unnecessary home foreclosures; a 90-day moratorium on subprime foreclosures and an automatic rate freeze on subprime mortgages for at least five years or until servicers have converted the unworkable mortgages into loans families can afford; a $25 billion investment in home heating assistance for working families; a $5 billion investment in energy efficiency and alternative energy technologies to jumpstart "green collar" job growth; and a $10 billion effort to strengthen and extend unemployment insurance for workers who are laid off for extended periods.
As the Senate takes up this important issue in the weeks ahead, please be assured that I will continue to work hard in support of a fast-acting, comprehensive stimulus package that provides a boost to our economy and ensures that working families across New York and the United States receive the full assistance that they need.
Again, thank you for writing to me about these important economic issues. For updates on this issue and other matters being discussed before the United States Senate, please visit my website at http://clinton.senate.gov .
Sincerely,
Senator Hillary Rodham Clinton
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Dear Senator Clinton;
I strongly object to the inclusion of industrial wind production tax credit extension in the Stimulus Bill which is currently being considered.
Although I support other forms of alternative energy such as hydro and solar; I would urge The Senate to remove any preferential incentives for ill-conceived and improperly sited wind projects.
Industrial wind projects are a tested and failed technology.
With 30 years experience (wind farms in California and Europe) the data is most clear and convincing that electricity produced by industrial wind farms is intermittent, and produces only negligible amounts of useful electricity to the grid.
Wind energy is neither reliable nor cost effective.
The purpose of this "Stimulus Package" is to deliver much needed assistance to the struggling American Taxpayer and boost our American Economy.
The addition of $5.75 billion over 10 years for wind credits is an unwelcome and insulting burden to the very taxpayers who already subsidize up to 80% of the wind energy projects by their tax dollars.
I would urge you to accept the House version of the Stimulus Bill without the added burden of The Production Tax Credit extension.
Respectfully submitted,
Nadja Laska
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