• Obama Administration Seeks $6 Billion Budget for RUS Program with Similar Previously-Rejected Restrictions on Lending
  • February 13, 2015
  • Law Firm: Sutherland Asbill Brennan LLP - Washington Office
  • The Obama administration is pursuing a $6 billion budget for the Rural Utilities Service (RUS) Electric Loan program’s 2016 fiscal year, a $500 million increase over the program’s 2015 fiscal year. Reflecting the administration’s goal of phasing out fossil fuel subsidies, this budget has allocated $3 billion for environmental updates to existing fossil-fuel plants and another $3 billion for renewable energy generation, transmission and distribution. Please click here to read more. -http://www.ect.coop/public-policy-watch/legislation/obama-seeks-6-billion-for-rus-with-restrictions/77681