Letter to Geithner on 1603 Program


Excerpt: “In its March 30, 2012 response to the Committee, Treasury asserted that ‘job creation is not a factor in the consideration process’ for applicants under the Section 1603 program and that Treasury ‘does not report on the number of jobs created by the program’ including, presumably, for the Thompson River Power LLC and Thermo No. 1 BE-01, LLC plants.  Neither, at the time, did Treasury supply the Committee with information, as requested, detailing ‘all instances where either DOE or Treasury has attempted to recoup such funds and the outcomes of such attempt(s).’”

To read the letter, click here.

To read a related press release, click here.