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Trump’s Budget: Valuing Military Over Energy
Oilprice.com ^ | 22-03-2017 | Nick

Posted on 03/22/2017 10:57:37 AM PDT by bananaman22

Last week President Trump unveiled his budget blueprint, which detailed savage cuts to most areas of discretionary spending while boosting defense outlays by a whopping $54 billion. Nearly all government agencies were major losers under the President’s budget, except for those dealing with defense and border security.

The Department of Energy would see a 5.6 percent cut, or a reduction of $1.7 billion. But digging into those numbers, certain areas of DOE were winners while others were losers. Areas of DOE dealing with clean energy, smart grid technologies, and electric vehicles are either entirely eliminated or suffer steep cuts. Meanwhile, DOE’s nuclear weapons programs, where the bulk of the agency’s funding is allocated, would see an 11 percent increase. The blueprint also includes $120 million to restart the licensing for the Yucca Mountain nuclear waste storage facility in Nevada, which has been on ice for years.

One item that stood out was the elimination of funding for a much-heralded energy R&D unit within the DOE that is crucial for long-term energy innovation. Known as the Advanced Research Projects Agency-Energy (ARPA-E), the agency is modeled after the highly-respected DARPA, a section of the Pentagon that has been responsible for military tech innovation since its inception in the 1950s in response to the launching of Sputnik.

(Excerpt) Read more at oilprice.com ...


TOPICS: Business/Economy; Government; Politics
KEYWORDS: budget; energy; military; trump

1 posted on 03/22/2017 10:57:37 AM PDT by bananaman22
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To: bananaman22
Energy should be on the free market agenda.

Veterans are a whole different ball game. They need more help.

2 posted on 03/22/2017 11:06:57 AM PDT by Sacajaweau
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To: bananaman22
---One example is 1366 Technologies, a company that pioneered a new solar wafer that can be produced at half of the cost of prevailing technology and with one-third less energy. But the company is now in limbo. It has plans to build a manufacturing facility in upstate New York but has been banking on a loan guarantee from the Energy Department – a program that is slated for elimination in President Trump’s budget.

--if I was picking things to eliminate , this would be one at the top of the list--an unproven system to produce something (solar cells) that need to be completely backed up by conventional power---

3 posted on 03/22/2017 11:07:08 AM PDT by rellimpank (--don't believe anything the media or government says about firearms or explosives--)
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To: bananaman22

The Energy Department doesn’t produce any energy. The Defense Department produces defense. And in terms of what the government spends on stupid stuff, as much as 3 trillion dollars a year, 54 billion is not exactly whopping.


4 posted on 03/22/2017 11:13:16 AM PDT by webheart (All comments are considered to be sarcasm unless otherwise noted,)
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To: bananaman22

I wrote a whole book on Yucca Mountain. I don’t oppose solar, but bang for the buck we should be moving aggressively to fourth generation thorium reactors. Best for the military too.


5 posted on 03/22/2017 11:15:04 AM PDT by DaxtonBrown
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To: rellimpank
It has plans to build a manufacturing facility in upstate New York

They may know something about DC current, but NOTHING about economics or politics if they choose to do bidness in the mental state of NY!

6 posted on 03/22/2017 11:19:58 AM PDT by gr8eman (People too dumb to understand what the word "country" means will never have one!)
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To: bananaman22

Military first? Of course.

Everyone wants to live in peace, prosperity and comfort. But first, you have to be sure that you are going to LIVE!


7 posted on 03/22/2017 11:36:53 AM PDT by SMARTY ("Nearly all men can stand adversity...to test a man's character, give him power." A. Lincoln)
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To: bananaman22

“savage cuts” That should be a red flag for the rest of the article.


8 posted on 03/22/2017 11:56:26 AM PDT by Uncle Sam 911
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To: bananaman22

the better description would be “long over-due cuts”


9 posted on 03/22/2017 12:00:36 PM PDT by Ohioan
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To: Uncle Sam 911

“Savage” is the new “draconian”.


10 posted on 03/22/2017 12:13:13 PM PDT by Fresh Wind (Hillary: Go to jail. Go directly to jail. Do not pass GO. Do not collect 2 billion dollars.)
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