WASHINGTON, DC, December 16, 2009 (ENS) - At a Middle Class Task Force meeting today which focused on manufacturing, Vice President Joe Biden announced the administration's support for up to $5 billion in additional funding for a successful Recovery Act program that will accelerate job growth in Clean Energy Manufacturing.
This increase would more than triple the funding of the Recovery Act's Section 48C Advanced Energy Manufacturing Tax Credit.
The program covers a number of clean energy technologies, providing a 30 percent tax credit for investments in factories that manufacture products used in clean energy technology.
Original Article: Biden Announces $5 Billion Tax Credit for Clean Energy Manufacturing
