federal stimulus

TREASURY INSPECTION FINDS HALF OF BIG WIND AND SOLAR COMPANIES EXAMINED ARE ILLEGALLY DOUBLE-DIPPING TAXPAYER FUNDS

 

By Miriam Raftery

More troubling issues are coming to light regarding renewable energy developers and their projects. The Treasury Inspector General for Tax Administration inspected records for 16 big renewable energy companies--and found that half had been double dipping. 

The IRS says that many more wind and solar development owners may be taking money they are not entitled to, Rewire Magazine reports.   Projects subsidized by the federal stimulus program are not eligible to also pocket wind power tax credits.  The IRS says it doesn’t have way to check – but believes that over half the stimulus grant recipients should have audits to take a closer look.

BOXER CALLS OUT FIORINA ON FACTS

Senator Boxer to meet with San Diego business leaders today on jobs plan; has support of dozens of technology leaders

July 6, 2010 (San Diego) – Senator Barbara Boxer (D-California) has launched a “Fiorina Facts and Fiction” campaign to fight back against misleading statements made by her opponent, Republican Carly Fiorina.

Independent analyses of the facts by nonpartisan groups and major media outlets support claims by Boxer, who chairs the Senate Ethics Committee, that Fiorina has distorted data on jobs, climate change legislation, and impacts of the federal stimulus bill by relying on outdated or biased sources.

 

View a video of Senator Boxer outlining her jobs plan during a speech at the California Democratic convention.