June 26, 2009: Congressman Ryan Votes in Favor of the American Energy and Security Act
(Washington, D.C.) Congressman Tim Ryan today voted in favor of the American Energy and Security Act, citing the job creation and money available to help create alternative energy resources for northeastern Ohio. The Act will help revitalize the economy by creating millions of new jobs, increase our national security by reducing our dependence on foreign oil, and preserve our planet by reducing the pollution that causes global warming. The bill passed the House of Representatives on a 219-212 vote.
During the Bush‐Cheney years, our dependence on foreign oil increased, the average American household energy costs went up $1,100, American job growth was the slowest of any administration in 75 years, and carbon pollution was ignored for far too long.
Too many of our jobs have already gone to other parts of the world, and it is time to stop the bleeding.” said Congressman Ryan. “We’ve had eight years of a Republican energy policy and my District has had $4 per gallon gas to show for it while we transferred $700 billion in wealth from this country to states that want to fly planes into our buildings.”
This bill will create a Green Bank which will loan $750 billion dollars to companies that want to create alternative energy resources, and provide $30 billion dollars for medium and small auto suppliers to refurbish and retool so that they can sell their products to windmill companies.
Studies show that 1.7 million jobs would be created by this clean energy legislation. That means more good-paying jobs to northeastern Ohio, like those already at Parker-Hannifin that makes the hydraulics that go into wind mills. Thomas Steel in Warren makes specialty steel that goes into solar panels, and Roth Brothers in Youngstown assembles and installs a wind mill that sits on top of buildings.
“Our dependency on foreign oil has created hundreds of thousands of jobs over the years in the Middle East and around the world, said the Congressman. It is time to create jobs in America, and that’s what this bill will do.”