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Uranium Discussion•Obama To Propose Tripling Of Nuclear Loan Guarantees To US$54 Billion
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- tturaniuminvest
- January 29
- Permalink
Now This Is Big News For The Nuclear Industry.
Obama To Propose Tripling Of Nuclear Loan Guarantees To US$54 Billion
* Breaking News - JANUARY 29, 2010, 1:53 P.M. ET
The Obama administration is planning to propose tripling a program that provides loan guarantees to construct nuclear reactors, an administration official said Friday, aiming to reach out to Republican lawmakers in an effort to break a logjam over energy policy.
The Obama administration will seek loan guarantees totaling about $54 billion, the official said. That is up from the $18.5 billion authorized. The details are to be unveiled Monday when the White House makes a fiscal 2011 budget request.
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Cheers from tturaniuminvest :)
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