Mitt Romney will not extend tax credits for the boondoggle that is Obama’s energy policy. In reality, a way for the Democratic party to subsidize political donors. Daniel Horowitz, over at Red State, says this is big news which should be getting more coverage:
This is welcome news to those of us who are looking for a fight over free markets, especially in the energy sector. The federal government’s promotion of this inefficient energy source, in conjunction with state mandates on wind and solar, has contributed to the rising cost of electricity – just the way Obama wanted it.
A number of Republican governors and members of Congress are jumping on the corporate welfare bandwagon. Kudos to Romney for not joining them and for tossing out some red meat for us free marketers. More please!
Indeed.
H/T: Michelle Malkin