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The White House

Statement from Vice President Biden on launch of 2.3 billion recovery act green manufacturer tax credit program

THE WHITE HOUSE
Office of the Vice President
___________________________________________________________________________
For Immediate Release                                                       August 13, 2009
STATEMENT FROM VICE PRESIDENT BIDEN ON LAUNCH OF
$2.3 BILLION RECOVERY ACT GREEN MANUFACTURER TAX CREDIT PROGRAM
"It’s not enough to just rescue the economy, we have to rebuild it better – and that work begins with giving American manufacturers the resources to produce the clean, green energy technology that will be the foundation of our 21st century economy. With the launch today of $2.3 billion in Recovery Act tax credits for green manufacturers, we are going to ramp up manufacturing of green energy materials in this country, while creating thousands of new jobs right here in our own backyard. From wind and solar power to electric vehicle technology, our recovery is going to be fueled by the Recovery Act incentives we are offering businesses today that will be the engine of our economy tomorrow."