welcome ladies and gentlemen to the select committee on energy independence and global warming i think it is appropriate to begin this hearing today on the recovery act with a reflection on where our nation stood one year ago our economy was in a freefall the dow was below sixty five hundred down fifty four percent from its high less than two months into the obama administration unemployment had already hit a twenty five high people stopped looking at their four zero one k statements spending businesses shuttered credit disappeared and everyone wondered when the down would spiral and while the nation's collective economic security was disappearing before our eyes many of the pillars of americans had been quietly decaying in the shadows for decades roads and infrastructure were crumbling schools were sinking deeper into mediocrity our middle class was losing ground at the same time china germany and other nations were racing past us in the twenty first century's greatest growth industry clean energy amid this storm congress passed the american recovery and reinvestment act and it became law on february seventeenth two thousand and nine as a result two million people have jobs today that otherwise would not this emergency legislation has not only helped us round the clock on the worst recession in generations it has become the catalyst for reinvesting in america's future nowhere is this reinvestment more apparent than in clean energy where the recovery act targeted ninety billion dollars to jumpstart jobs in efficiency wind solar and advanced battery technology and countless other critical industries equally important  investments a laying the foundation for a new era of innovation and technology development that will provide the next generation of americans with economic security and job opportunities over the long term while we still have a long journey ahead of us i think we need to take stock of how we have come with the recovery act a decade ago we had a grand total of one hundred fifty megawatts of solar electricity installed in the united states solar energy programs in the recovery act supported more than ten thousand new jobs in two thousand and nine and it is likely to support another thirty thousand in two thousand and ten than there is w four years ago twenty five percent of the components of a winter urban was made in america today more than fifty percent is made in america annual additions of wind power have quadrupled during that time from less than twenty five hundred m s in two thousand and five to nearly ten thousand new megawatts installed in the united states in two thousand and nine when the when factories supported by the recovery act come online over the next couple of years the average content is likely to be over seventy percent in these wind facilities then we have the advanced batteries that we are going to power the electric vehicles rolling off assembly lines later this year ninety eight percent of that market today with recovery act investments us global market share is projected to rise to twenty percent next year and forty percent by twenty fifteen imagine the jobs that will be created when we stop speaking when we stop spending two hundred fifty billion dollars a year old boy oil and sending money to the workers in michigan and ohio is a proven all american pathway to long term economic security and job creation the public investment behind neil armstrong's one small step for a giant technological leap that ensured american have to admit you're wrong if you always argue that things could be worse the unemployment rate is hovering around ten percent last three point three million jobs since congress passed the eight hundred sixty two billion dollars stimulus bill but the majority still convene today's hearing to celebrate the bill as a no matter how sluggish economy gets they always pretend that things are better than they could have been i'm still hopeful that last year's eight hundred sixty two billion dollars stimulus bill will help get people back to work but this is mostly wishful thinking evidence already shows that this massive government program is unlikely to produce any growth in the workforce there are good intentions behind some of these so called jobs projects but we also need accountability the stimulus program was a failure and we need an honest accounting as to why spending government money can create jobs with most of these jobs are entirely dependent upon the government subsidies take away the subsidy the job goes to based on per unit of energy output wind and solar energy products fifty times more subsidies than coal the subsidies required to create these green jobs result in the loss of economically sustainable jobs in other industries experiences abroad have already documented one point six billion dollars to subsidize in solar industry a study from a spanish university however found that for every job money created it cost the economy two point two jobs in other industries the same study also found that nine out of ten jobs created by the subsidies were temporary in nature the obama administration immediately attacked the study but critics most account for the fact that since implementing the studies the subsidies the unemployment rate in spain has climbed to nearly twenty percent i know the playbook is to argue that things would have been worse without the subsidies but when one in five people are unemployed how much worse can it get the administration was so frightened by the spanish that it took the department of energy employees describe an unprecedented step of the issuing a direct rebuttal deal with the national renewable energy lab to produce a response to the spanish economic study documents obtained through a foyer request by the competitive enterprise institute made it clear that the administration's rebuttal was written in conjunction with wind lobbyist and other advocacy groups this blatant conflict of interest not only undermines the integrity of an orioles attack but also exposes the agenda of the report sponsors unfortunately for us the stimulus bill might actually be of some help to the investigative reporting workshop a product of the school of communications american university found that a majority of the program's grants went to foreign owned company and that a majority of the turbans purchased with the money were built by foreign manufacturers the workshop found that quote of the one point five billion in clean energy grants handed out by the government eighty four percent a total of seven hundred forty nine million have gone  fore and when companies spanish utility company alone has collected five hundred forty five million through its american subsidiary in response to a letter from democratic senators criticizing the stimulus program secretary chu wrote that quote all the wind turbine installation jobs are created here in america so we're spending u s taxpayer money to create long term manufacturing jobs abroad and consoling ourselves because we're also creating a few short term construction jobs here at home the job creation benefits of the stimulus package were further undermined by the democrats political alliance with unions the government accounting cost valuable time during a period where many americans needed the work in the case of whether the energy department spent only eight percent of the nearly five billion dollars budgeted to improve energy efficiency in homes across the i thank the chairman for holding this hearing giving us the opportunity to examine how the recovery act has played a key role in maintaining and fostering the new energy economy i supported the recovery and reinvestment act in order to prevent the worst recession since world war two from lasting longer going deeper to build stem the loss of jobs to save jobs to create jobs and reinvigorate demand for goods and services that evaporate in the economic collapse triggered by a financial meltdown originating from risk in unconscionable action on wall street o nation was in a freefall losing hundreds of thousands of jobs and we needed to act as south dakota's republican governor has said the recovery act played a key role in balancing south dakota's budget in multiple years or reducing cuts to critical programs as our state suffered from the downturn moreover one of the key components of the recovery act conveniently overlooked by its critics is that over a third of it is tax cuts for families and businesses including a long term extension of the production tax credit for developers and other domestic headquartered wind blade manufacturers who have brought hundreds of jobs to south dakota who have praised the recovery is x extension of the production tax credit and the new treasury grant alou of the investment tax credit included in the recovery act i've heard firsthand how these measures are allowing the survival of domestic wind development in the united states creating jobs and fostering economic development in rural communities so i thank you commie of the planet president bush pushed hard to take action and i don't disagree and we took  put forth a stimulus package like paul krugman the economists journalists believe that it was too small that you can't have a fifteen or seventeen trillion dollar economy and try to completely turn things around with less than a trillion dollar stimulus nonetheless we approved it and i supported it and supported it strongly if you look at the job losses in the united states over the last decade you would be alarmed because many of those jobs even after this recession will not return and that the three point five unemployment full employment number is going to have to be adjusted no longer can we expect full employment to be when three point five percent of the american public is unemployed that's going to probably go up after this recession is over so the only thing remaining for us to do is create an era gave us the opportunity to create new jobs in kansas city missouri one of the cities i represent in missouri we use the money to create a what's called the green impact zone one hundred fifty blocks of the most decrepit piece did a story on this and called it the murder factory we've been able to get a matching grant from the department of energy to match a twenty four million dollar grant from our power and light company to begin the construction of a smart grid the men and women are hired to live in the green gentleman generally from california thank you mr chairman i'm glad that we're here today to discuss clean energy energy jobs which are crucial not only for our economic recovery but for our long term economic growth on monday of this week i organized a bus tour to inspect the progress of recovery projects in my district from three hundred construction jobs at san francisco airport job training for transportation recovery funding work in my district what was very interesting during the super efficient surge protectors for our electric grid to shield consumers from blackout the company received  point five million era grant dollars to fund an installation in southern california has already expanded its headquarters to a larger facility one thing they pointed out to me though was that there's no testing facility in the united states so they have to actually transport transport this huge piece of equipment to vancouver to test it another opportunity for us to start growing some of come virtually the pacific rim who has a stranglehold on the supply base over on the left hand side is the system and that's where we put the cells and integrate it and put it into the vehicle and if you think about this for a minute if capability technology and capacity facility and i think that's a real feather in our cap versus what typically is happening in our economy we were awarded our grant our commitment wasn't just to put up a plant but that we would help stand up an industry and that involves everything from our raw material suppliers all the way to our recycling infrastructure johnson controls presently is the largest provider of your starter batteries and the largest recycler of these batteries as well we're going to build on those capabilities of a long standing mature company and industry to be able to transition that into lithium ion but if you think about the materials for a moment as i said most of those come from the pacific rim one of our our commitment is to develop a domestic supply base i'm very happy to let you know that we've recruited two asian suppliers to the united states business in michigan and the u s market we need to continue to however develop a domestic supply base as well stood up a team called the accelerator team which our job is to accelerate the demand creation and the technology and innovation so that we can have a sustainable business that does not rely on subsidies and incentives that can be profitable so million units of global capacity versus two million units of demand in north america alone there will be about two million capacity and eight hundred thousand units a demand we have got to find a way to fill that  sources of capital practically dried up overnight as a relevant example we lost one hundred forty million dollars from lehman brothers for a project that was under construction in new york then lehman filed for program ohio's process for utilizing weather is a sion resources affectively and expeditiously is one of the reasons i have the honor of speaking to you today ohio was recently recognized by the u s as leading the nation in spending recovery act dollars to weatherize homes with ohio completing more than one in five of the projects reported nationally last year since july two thousand and nine our state has weatherized over eighty one hundred homes welling's weather required the creation of another thousand jobs and retained fifteen hundred jobs as of december of two thousand and nine we believe there are several reasons why our state was able to ramp up in response to the needs of our citizens so quickly and just to highlight we have an excellent weather is a sion network we have a large list of eligible households that we had before the recovery act was passed we have an excellent ohio weather training center it's run by  corporation for appalachian development and we established three training hubs so we can train people to work in these jobs quickly and importantly we instructed our providers to go ahead and start weatherizing homes with these  july first knowing that we would have to make up our staff salaries and rec to actively adjust them once the prevailing wage rates were issued by the u s department of energy by reducing household energy expenditures increasing energy efficiency and improving the safety of homes owner occupied by low income ohioans we have a foundation to make our state a cleaner more efficient place to live there are several important programs that compliment our efforts to create jobs and promote energy efficiency and these are through the state energy program which received ninety six million dollars of recovery assistance we designed a program to that money to stimulate the economy through the retention  creation of jobs saving energy increasing generation from renewable energy projects and reducing greenhouse gas emissions i'm going to briefly touch on the programs that we designed with that new ninety six million dollars but the programs were meant to support our aggressive renewable energy it's the most aggressive the third most aggressive for polio in the nation and we wanted to make sure that the jobs that we created jobs with the focus of the expenditure of these programs we set up a deploying renewable energy in ohio initiative which is investing more than forty two million dollars of those funds to renewable deployment projects focusing on strengthening ohio's manufacturing industry transforming ways to value by capitalizing on what would other be considered waste products from the house agricultural and food production industries and turning it into a source of renewable energy we took eight million dollars and allocated it to making efficiency work grants to help fund greater energy efficiency projects are targeting industry efficiency program provides for fifteen million dollars in grants to manufacturing companies  improve the sustainability of industry the banking on new energy financing which we also call the ohio energy gateway is a public private partnership that will expand access to capital to grow and sustain the fuel cell solar wind energy storage industries and finally setting the stage for a carbon management strategy initiative which is allocating five hundred thousand to organize an integrated collaborative planning process to address energy most efficient highest power solar cells and modules and we use low cost manufacturing techniques to do so therefore we can beat the chinese at their own game what we make norcross georgia is about four point three watts when the sun industry leadership one hundred new jobs since two thousand and seven when we were founded very good well paying jobs we currently have one hundred megawatts of capacity in our plant near atlanta and we produce the highest efficiency at low this is very important to the expansion being able to add these jobs sooner than we would have been able to domestic demand has also been stimulated thanks to the treasury sixteen provisions which gave us the additional confidence to move up the expansion dates earlier than planned as well as plant two which i'll mention in a minute and the demand there is turning into real business here in the united states we currently employed many former auto workers and managers are shuttered g m and ford plants in the atlanta metro area twenty four percent of commonwealth games has a one point one megawatt we have power fails in germany italy and france to our best and even the list is growing we plan to export at least eighty five percent of our production issue which is greatly expanded from last year if we can expand quick enough our problem is we're sold out we've had to turn away new export customers since last december unfortunately including another chinese company wants to buy my product we've had to impose limits on the allocations to our current customers i was in india three weeks ago on a u s commerce department trade mission had to turn business away i'm sad to say that chinese and taiwanese workers will benefit from that and get that business rather than more u s workers the chinese and taiwanese are very very r many high very large well funded asian business are trying very hard to do what we do right now where the only one to do what we do in the world with our technology but they'll catch up with us they'll figure it out and we've got to stay ahead of them we've got to spend a lot of money on that research and  development but we've also got to spend money on expanding and creating new jobs to meet that customer demand it's a big trade off and right now it's hard to borrow money it's damn hard to borrow money we're currently building out a thirty thousand square will help us a lot especially if it's refundable so we can turn into cash we would immediately apply if that were to happen reasonable financing is very hard to get we're planning our second plant a four hundred megawatt initial capacity plant in saginaw chinese we need u s based solar industries matter national security i believe i have all of you to come to atlanta to see our facility in see the jobs the former auto workers and the veterans working there it's real  mr very much and our final witness today is brian johnson is the federal affairs manager for americans for tax reform and is the executive director of the alliance for worker freedom welcome your welcome sir whenever you're ready please sensenbrenner and members of the select committee i appreciate the opportunity to appear before you today to discuss the effects of the recovery act on our economy with respect to green job creation government spending of this magnitude cannot stimulate our economy every dollar spent attempting to force the market toward a specific sector is subject to taxation and must be borrowed out of our economy the result is a redistribution of existing partisan power rather than the creation of new purchasing power spending creates less economic activity than if the money had been left with private sector investors the goal was to create three point six million jobs according to the administration's own estimate since signed into law we have lost three point three million jobs according to recovery dot gov there were four hundred  forty non existing congressional districts that saved or created jobs to the tune of two hundred twenty five thousand dollars per job any potential impact the recovery package brought to the economy was largely negated by the application of a nine hundred thirty one market distorting wage law known as the davis bacon act investigators from the office of inspector general found that quote one or more errors existed in one hundred percent of the wage reports they reviewed the davis bacon act artificially inflates wages on average by twenty two percent nationwide and construction calls by almost ten percent application this wage will add seventeen billion dollars to the recovery act and is impeding official implementation of the weather is a program nationwide mismanagement of the recovery  only encompasses wasted money in the united states but much of the money spent actually creates jobs overseas eighty percent of the first one billion dollars spent on grants to wind energy companies went to foreign firms in the second round of government grants seventy nine percent of the two point one billion dollars went to when companies based overseas their noble energy policy project estimates that for one megawatt of wind energy that's developed four point three jobs are created twelve hundred one thousand nine hundred four in all manufactures have potential capacity of two thousand two hundred eighty megawatts using their estimate the installation of these turbines may have created as many as six thousand eight hundred thirty eight manufacturing jobs overseas domestically the market altering subsidization has the same negative economic effect the mojave desert solar power project received one point four billion dollars from the recovery act construction of that facility required a thousand workers but only eighty six permanent employees to run the point at sixteen million dollars in taxpayer subsidies for permanent jobs in florida the  solar center was supposed to be the quote largest solar power plant in the u s according to president obama the center received one hundred fifty million dollars from the recovery after using four hundred construction workers to build the site the solar center now employs only two people the single largest when grant into the program by the department of energy on december twenty ninth was one hundred seventy eight million dollars for the texas gulf when foreman saree detects all one hundred eighteen turbines right on the former built by mitsubishi a japanese firm that does not build wind components in the united states perhaps most evident of mismanagement inherent inefficiency lie in the failed weather is a sham program while some states have experienced excess national results of the recovery act provided five billion dollars to weatherize five hundred ninety three thousand homes a b c news reports that less than ten thousand homes have been weatherize nationwide all the department of claims twenty two thousand homes have been impacted which is still less than four percent of the target so far the inspector general general found the jobs impact  four million dollars available in plan to weatherize forty five thousand four hundred but only did two hundred eighty alaska rhode island wyoming and washington d c or given over fifty million dollars combined to weatherize homes today zero homes have been impacted the biggest expenditure in the stimulus whether zation program is two hundred seventy million dollars not one penny of that went to actual hall whether it was given to the department of energy to administer the recovery act was supposed to be timely effective and show immediate results the realization  is invisible hand of the government to artificially and they will never be sustainable responsible solutions should remove barriers to private investment and should incorporate all of the above energy using a diverse blend of sources without raising taxes or increasing the regulatory b should we you know we're not helping create any new jobs we're going to sit around and remain happy and allow the rest of the world to over take us i mean what would you have done had you been sitting in the room with the people i named earlier you can create jobs without targeted spending one of those ways like i mentioned is tax cuts you can freeze spending six billion so we should have done a stimulus package that were that was in fact a tax cut package i think we should have done the tax cuts without the targeted spending so we should have had a stimulus massive government spending programs but the tax cut was supposed to stimulate the economy the tax cuts are not spending part of the stimulus package was direct spending so you don't sort of targeted certain industries so you don't support tax  the bill should have been a broad based massive tax cut bill with no government spending and so what about the fact that the rest of the world is taking off in terms of their means of making up for the for the tax laws that have been your policy if i was sitting in that chair right now there were several things i would have done passing a massive spending bill is not one of them repealing i that had wages kept up with with the rising cost of living that minimum wage today would be twenty one twenty dollars and tax cuts that you supported and i think it's really important when you speak up on this issue that knowledgeable the actual funding the largest amount of money in the air is for tax cuts it's two hundred eighty eight billion dollars in tax cuts the next largest amount is two hundred seventy five billion dollars which is in fact the money that's being distributed to try and create jobs and then the third area is two hundred twenty four billion dollars which is unemployment benefits now do not support extending unemployment benefits and cobra benefits  sector as well but we need help from the government right now to expand faster and quicker because such terrible shape in this country solar is getting because of the work that companies like us the chinese the taiwanese and other on this industry we need to do more here just like they're doing they think it's important they're investing a heck of a lot of money the rest of the world thinks is important we should point out follow up question mr ashley when the well i think quite simply if you take a look at where we believe the transportation industry is going to go in an uncertain timeframe whether it's over the next five years or fifty years there's an awful lot of risk and technological uncertainty around how we will transport ourselves around and the fact is the united states does not have the infrastructure to be prepared to make that transition over the past several decades we've allowed our manufacturing base to erode become a service economy and frankly while we're technology leaders we allow the countries around the world to implemented commercialize it and so from our perspective one we would not have been coming to the united states to do this to we need to continue to expand our technological capabilities so that we can not only catch up but start to lead and that's risky and private sector is not going to bear that cost all by itself we're going to need strong collaboration with the government and that's going to be skin in the game for private sector skin in the game for the government as well and you know from our perspective we are a for profit company and we're for allowing market forces to take their course but there are a natural events and disruptive events taking place that are going to were predicting that wind was going to go right off a cliff that we were going to drop from eighty four hundred new megawatts electrical generation from wind in two thousand and eight and because we were deep in a recession because the economic climate was not good perhaps we could go down to only one thousand megawatts of new wind that was generated in the united states but then because of the stimulus bill we wound up producing ten thousand new megawatts of wind in the united states and what a great story that is because you know people who really familiar with this that that a nuclear power plant a thousand megawatt nuclear power plant you think of a nuclear power plant that you might have heard of you name it that's about a thousand megawatt nuclear power plant ten thousand new megawatts of wind installed in the states in two thousand and nine alone it went up when everyone predicted it was going to be cut in half and so that's a tremendous story because obviously that is in the united states of america and those facilities will be gone for a long long time and as we move to electrifying our automotive fleet the electricity that we are putting into the vehicles will be generated here in the united states we won't be importing oil from opec we can tell opec we don't need their oil any more than we need to because we're going to start generating electricity for the all electric vehicles hybrid electric vehicles here in the united states so that's a tremendous story so let me go back over to you mr johnson of the seven hundred eighty seven dollars in the recovery package two hundred eighty billion dollars tax break program you would support the tax cut ok so your problem was when we started giving out extending unemployment benefits unemployment insurance and massive government spending programs that tilt the in over here as he's listening to this and also the same thing is true for extension of healthcare benefits for people who have lost their health care benefits you also don't believe that that's a good expenditure of federal money as well  on whether ization inspector general government agency and they have a table right here in actually in california only point zero three percent have been weatherize out of forty three thousand four hundred that have so that's a lot of jobs a lot of people who would not been able and who would not have been able to work so let's move over to humans to actually lead that's a great story that the wind industry has ten thousand new megawatts what's the projection and twenty that would be one hundred ten thousand new megawatts of wind on top of the thirty five thousand megawatts that the united states already has the ten thousand in two thousand and ninety eight hundred in two thousand and only twenty five percent of the components of the winter were made in the united states and in two thousand and nine after the stimulus bill the recovery package  administration which was clearly allowing these component parts to be built over import them from other countries and clearly the bush administration was just turning a blind eye to this incredible drain of revenue but under the  president bush over there asking the saudis to please produce a couple of more million barrels of oil a day in april of two thousand and eight even in the winter that we were installing in our country were being imported from installation in the united states almost as you're saying it's like half of a nuclear power plant was installed in solar in the united states in two thousand and nine in our industry association the latest  numbers probably around ten thousand direct indirect and induced jobs in solar in two thousand and nine thanks to the sixteen provisions and sixty percent now when you say three no one knows what you're talking about they're trying to think of something that happened in history and  will also be important to develop the domestic industry because even some of the foreign my competitors that are foreign will come here and build plants if the industry is big enough now you know i don't like that but it's a good healthy gave the industry a shot in the arm and the confidence to expand what i'm hearing is that there's a massive reindustrialization of the united states going on that we have moved on to the bush era with only twenty five percent that seventy percent of all the wind jobs will be here in the united states by the time the obama stimulus package is completed and that's a big good news story because people wondering where  the jobs of the next generation going to come from what is the next new industry in our country so what we're hearing from mr ashley and again are huge good news stories in terms of jobs here insurance for unemployed americans but what we try to do as you probably can appreciate is we don't like paying unemployment benefits we actually hate the idea of unemployment benefits if people can have a job so we're trying to create the jobs over here that could then make it unnecessary for people to have to go to actually apply for unemployment benefits the evidence that we actually have that people don't like to collect unemployment benefits is that when unemployment went down in our country people who are now you know having grown up in public housing around poor people i grew up hearing that people had babies so they could get one hundred ninety dollars a month welfare and when the people didn't work my father my father worked on three jobs cleaned up a little can building on saturday morning worked at the wichita club the maitre d and then did yard on the weekends and four kids through college i can remember my father being unemployed when most miserable time of my life seeing him almost in depression but the question related to what i just said is do you know how we know that i mean how we determine whether or not people get unemployment compensation  jobs the only people who get unemployment checks are the people looking for jobs you have to go to the state unemployment bureau seeking a job to get unemployment compensation so it is not a disincentive to people all the people get get this or are struggling trying to find jobs and as the chairman mentioned they're not eight point four million jobs so i mean  know change it's also a fact that since the stimulus package has been signed into law we've lost three point three million jobs i'm glad these individuals here are creating jobs and ohio weather is a program is a success i will grant them that the inspector general report even recognizes it as a success but it is one of the states one of the only states having success with this program there are individual success stories everywhere but the package as a whole and the reality is the jobs have not been created since the stimulus package and that was it goal to create jobs more work has been created for certain individuals who have jobs but the overall jobs impact has not materialized so now that you know the fact that you have to be looking for jobs to get  unemployment now that you know that to be a fact this question we're going about it here can contradict it you're saying you still believe that it's a disincentive i oppose extending unemployment insurance benefit i know but but will you continue to say it's a disincentive to provide those benefits until i see you know very little data otherwise based on what i've read and learned in the past yes ok so you don't believe what i was just saying that but just to be i would be interested to see empirical data supporting what you're saying that you have to be and how do you think you get the people get the seeking of the disincentive issue i've read reports that in common with regard to our political views we just like each other and so we can argue and not get angry and feel for them to have lunch the one thing i guess we don't do which is why we have a relationship is because when he can prove something and then the same on the other side and so i guess my frustrations that you know if you can get anybody and i'll be here you can call somebody differently then began to embrace the belief that there are some people just lazy sitting around trying to take the tax dollars and i grew up in a situation like that seeing it and hearing it it's it's it's it's good news you want to see a really good news story here here's the picture of jobs lost in the united states and this is the bush administration over here and read and as we think that this economic plan of the president working that the stimulus bill is working that the tax breaks working and that we are turning a corner and that the obama plan is holland is that right in the netherlands holland somewhere in europe so that wouldn't be good news for american workers so this is really a fantastic good news story for our country and this energy sector just might be the brightest of all the bright spots in the recovery bill because it gives hope that there is going to be some new jobs from mr cleaver  weatherizing homes in two thousand and nine but many more in two thousand and ten is that correct will be out there and you can't offshore whether izing jobs be there in ohio you have to be an actor and you've got to be i spectrum of our country the people who are benefiting really great news and it helps us to reduce and here's where we'll share our dream with mr johnson to reduce the unemployment benefits think we're just trying to make a point here and you know a lot of people they don't like they didn't like statistics in school which is why they didn't take the course but a graph like this speaks for  itself you know the end of the bush administration the beginning of the obama administration just two different plans and one we were about to go off a cliff here with red and for our country people on employe incredible change three quarters of a million people who were unemployed this past month the last month of the bush administration and this energy sector is something that we're not going to walk away from your story today really give us hope for the future they really make us believe that we have a chance to to create a new and industrial sector in our country to back out imported oil to not replace made by opec was made in china without ever having a made in the usa energy strategy and what you represent is that alternative made in the u all proposed tax increases and costly regulations until unemployment falls at least below seven percent freezing spending and restricting unspent stimulus on reforming regulations to reduce unnecessary business calls such as reforming sarbanes  oxley reforming the tort system to lower costs and uncertainty facing new businesses remove barriers to domestic energy production in alaska and the outer continental shelf completely repeal the job killing davis bacon act passed pending free trade agreements with south korea colombia and panama and reduce taxes on companies for an earnings if they bring those earnings i think those are all sustainable and we need to incorporate all of the above energy approach working with the individuals here today and i thank you very much for having me thank you m states rather than abroad many other countries are very serious about this industry they want to own this industry we want to stay here in the u s we want to be competitive in the rest of the world programs like the ex im bank and their wonderful  that ohio is very happy make use of our recovery act funds have already talked about or whether we're using our other energy dollars to invest in the growth of those industries for example in our wind supply chain we have six hundred companies who are providing financial markets continue to heal could be an extension of the convertible i t c so that's those are my parting thoughts thank you very much and we thank you so much and i know everyone watching and want to learn more about a convertible  of fifteen percent twenty percent of all electricity generated from renewables because by definition here in america we have to use our own energy resources to do that and will put tax breaks will put the loan guarantees in place so that the private sector will step up and create the engine of growth in our own country creating ultimately hundreds of thousands of new jobs just in the energy sector alone and again meeting the challenge of importing too much oil from opec and trying to avoid a situation where we're importing our batteries our solar and wind technologies from china we have to avoid it we need a plan and america is at its best when it has a plan and the obama administration has begun to put together that plan we see the early results which a fantastic and we're now going to work to expand upon it this year and next week thank you all for testifying here today