Increase Taxpayer Subsidies for “Green Energy” Home Loans

Conservative Review ^ | 4/19/2016 | Staff

[HomerBohn]

This amendment, sponsored by Senator Isakson, would increase taxpayer subsidies from the Federal Housing Administration (FHA) for homes classified as "green energy" efficient. Proponents of the amendment argue that homes that meet the "green energy" standard will save those owners money on utility bills, and as such, those cost savings should be counted as increased income for loan applicants. Thus, the amendment would incentivize homebuyers to purchase "green energy" homes and further distort the housing market. The practical effect of this social engineering policy is that loan applicants will take out bigger loans than they may be able to afford and artificially inflate home prices, as well as increase the amount of risk that taxpayers are exposed to by funding these loans. It was these same sort of policies that led to the housing collapse of 2008.

Voted Yes

WI Sen. Ron Johnson 59%

NV Sen. Dean Heller 57%

AK Sen. Dan Sullivan 57%

LA Sen. Bill Cassidy 50%

OH Sen. Rob Portman 50%

TX Sen. John Cornyn 46%

NC Sen. Richard Burr 45%

MO Sen. Roy Blunt 44%

UT Sen. Orrin Hatch 39%

GA Sen. Johnny Isakson 36%

NC Sen. Thom Tillis 36%

NH Sen. Kelly Ayotte 35%

SC Sen. Lindsey Graham 35%

MS Sen. Thad Cochran 29%

ND Sen. John Hoeven 29%

SD Sen. Mike Rounds 29%

AK Sen. Lisa Murkowski 22%

WV Sen. Shelley Capito 21%

IL Sen. Mark Kirk 20%

TN Sen. Lamar Alexander 19%

WV Sen. Joe Manchin III 16%

ME Sen. Susan Collins 14%

MT Sen. Jon Tester 14%

MA Sen. Elizabeth Warren 14%

MA Sen. Edward Markey 11%

DE Sen. Thomas Carper 10%

NY Sen. Kirsten Gillibrand 10%

OH Sen. Sherrod Brown 9%

IN Sen. Joe Donnelly 9%

CT Sen. Christopher Murphy 9%

CO Sen. Michael Bennet 8%

NJ Sen. Cory Booker 8%

MO Sen. Claire McCaskill 8%

OR Sen. Jeff Merkley 8%

MI Sen. Gary Peters 7%

WI Sen. Tammy Baldwin 6%

PA Sen. Bob Casey 6%

MI Sen. Debbie Stabenow 6%

OR Sen. Ron Wyden 6%

CT Sen. Richard Blumenthal 4%

WA Sen. Maria Cantwell 4%

MN Sen. Al Franken 4%

VT Sen. Patrick Leahy 4%

FL Sen. Bill Nelson 4%

RI Sen. Jack Reed 4%

NM Sen. Tom Udall 4%

VA Sen. Mark Warner 4%

RI Sen. Sheldon Whitehouse 4%

NM Sen. Martin Heinrich 3%

ND Sen. Heidi Heitkamp 3%

HI Sen. Mazie Hirono 3%

ME Sen. Angus King 3%

HI Sen. Brian Schatz 3%

CA Sen. Barbara Boxer 2%

MD Sen. Benjamin Cardin 2%

IL Sen. Richard Durbin 2%

MN Sen. Amy Klobuchar 2%

NJ Sen. Robert Menendez 2%

MD Sen. Barbara Mikulski 2%

NV Sen. Harry Reid 2%

NY Sen. Charles Schumer 2%

NH Sen. Jeanne Shaheen 2%

DE Sen. Christopher Coons 0%

CA Sen. Dianne Feinstein 0%

VA Sen. Tim Kaine 0%

WA Sen. Patty Murray 0% -------------------------------------------------------

Voted No

UT Sen. Mike Lee 100%

KY Sen. Rand Paul 94%

NE Sen. Benjamin Sasse 93%

SC Sen. Tim Scott 88%

AL Sen. Jeff Sessions 80%

AR Sen. Tom Cotton 79%

FL Sen. Marco Rubio 79%

ID Sen. Jim Risch 78%

ID Sen. Michael Crapo 76%

OK Sen. Jim Inhofe 74%

MT Sen. Steve Daines 71%

OK Sen. James Lankford 71%

LA Sen. David Vitter 71%

AL Sen. Richard Shelby 70%

KS Sen. Jerry Moran 69%

IA Sen. Charles Grassley 68%

WY Sen. Michael Enzi 62%

PA Sen. Pat Toomey 62%

AR Sen. John Boozman 57%

IA Sen. Joni Ernst 57%

NE Sen. Deb Fischer 57%

KS Sen. Pat Roberts 55%

WY Sen. John Barrasso 54%

AZ Sen. Jeff Flake 48%

SD Sen. John Thune 48%

IN Sen. Daniel Coats 45%

TN Sen. Bob Corker 45%

CO Sen. Cory Gardner 43%

KY Sen. Mitch McConnell 42%

AZ Sen. John McCain 37%

MS Sen. Roger Wicker 30%

Not Voting

TX Sen. Ted Cruz 97%

GA Sen. David Perdue 69%

VT Sen. Bernard Sanders 16%

Voting NO

UT Sen. Mike Lee 100%

KY Sen. Rand Paul 94%

NE Sen. Benjamin Sasse 93%

SC Sen. Tim Scott 88%

AL Sen. Jeff Sessions 80%

AR Sen. Tom Cotton 79%

FL Sen. Marco Rubio 79%

ID Sen. Jim Risch 78%

ID Sen. Michael Crapo 76%

OK Sen. Jim Inhofe 74%

MT Sen. Steve Daines 71%

OK Sen. James Lankford 71%

LA Sen. David Vitter 71%

AL Sen. Richard Shelby 70%

KS Sen. Jerry Moran 69%

IA Sen. Charles Grassley 68%

WY Sen. Michael Enzi 62%

PA Sen. Pat Toomey 62%

AR Sen. John Boozman 57%

IA Sen. Joni Ernst 57%

NE Sen. Deb Fischer 57%

KS Sen. Pat Roberts 55%

WY Sen. John Barrasso 54%

AZ Sen. Jeff Flake 48%

SD Sen. John Thune 48%

IN Sen. Daniel Coats 45%

TN Sen. Bob Corker 45%

CO Sen. Cory Gardner 43%

KY Sen. Mitch McConnell 42%

AZ Sen. John McCain 37%

MS Sen. Roger Wicker 30%

[HomerBohn]

The nation is broke! $20 Trillion dollars and America's Republicrat enemies, those bottom-feeding crap, are voting with their lovers. One party.

The second group who vote no will form the nucleus of a new government after the others are pilloried, caned and sent home without any pensions, benefits....just the stripes from the caning.

Look at the percentage these "yes" weasels voted for further decline of America indicated beside their foul names! Better check out Murray, Kaine, Feinstein and Coons. It appears that thee are utterly brain dead.

What a Congress for Americans to be proud of.

Print this out and paste in your homes and offices.

[HomerBohn]

Conservative Review Roll Call This amendment, sponsored by Senator Isakson, would increase taxpayer subsidies from the Federal Housing Administration (FHA) for homes classified as "green energy" efficient. Proponents of the amendment argue that homes that meet the "green energy" standard will save those owners money on utility bills, and as such, those cost savings should be counted as increased income for loan applicants. Thus, the amendment would incentivize homebuyers to purchase "green energy" homes and further distort the housing market. The practical effect of this social engineering policy is that loan applicants will take out bigger loans than they may be able to afford and artificially inflate home prices, as well as increase the amount of risk that taxpayers are exposed to by funding these loans. It was these same sort of policies that led to the housing collapse of 2008.

[stockpirate]

The most corrupt government in our nations history. I’ll bet most of the yes votes own stock in companies that will benefit from this, or thrir famiky owns the companies.

[PJammers]

I didn’t know energy consumption was considered in a mortgage application.

Those voting yes probably receive donations from banks, builders and solar energy lobbies.

[NEMDF]

I may just need more coffee this morning, but I have no idea what subsidies for home loans are. ?? Do they reduce the loans or the interest rates, or how does that work?

[goodnesswins]

I think it means you get to pay more taxes so a “poor” person can buy a house they can’t pay for

[i_robot73]

> taxpayer subsidies from the Federal Housing Administration (FHA)

To those in Congress, let alone those whom voted ‘Y’: Can you point out the constitutional authority for these two?

[jimbug]

The last time I looked at the cost vs. value received for solar panels, I recall that the energy savings recovered over the useful life of the solar panels were just enough to cover the materials cost of the panels.