Biden: 'I'm Proudest' of the Stimulus
7:36 AM, May 10, 2013 • By DANIEL HALPER
Vice President Joe Biden says that of first term accomplishments, he's "proudest" of the stimulus. He made the comment in an interview to Rolling Stone magazine.
"The thing I'm proudest of that we were able to get done in the first term was the Recovery Act," said Biden. The "Recovery Act" is also known as the stimulus.
The vice president went on to say that he's particularly proud of the "clean-energy programs" that were part of the the stimulus. "It had $90 billion in clean-energy programs. We had a lot of money going into research and development, and also tax credits for wind and solar energy. Republicans say to me, 'That's not government's role,' and I say, 'Why in the devil do you think we have the investment tax credit you guys get for drilling for oil? How did that start?' The reason it started was six, seven decades ago, we didn't have the technology to know how many dry wells you had to dig before you hit a gusher, so we rewarded people for going out and exploring. We still spend $4 billion a year on that – and they don't even need it anymore. And yet they fight us on renewable-energy tax credits."
Biden kept on talking about what he is doing to fight for the climate:
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