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Some Obama supporters unhappy about tripling of Nuclear Loan Guarantees

the administration’s efforts also could alienate the environmental wing of its base.

Obama To Propose Tripling Of Nuclear Loan Guarantees THE WALL STREET JOURNAL By Siobhan Hughes,; Stephen Power of The Wall Street Journal and Christine Buurma of Dow Jones Newswires contributed to this article.) * JANUARY 29, 2010

WASHINGTON (Dow Jones)–The Obama administration is planning to propose tripling a program that provides loan guarantees to construct nuclear reactors, an administration official said Friday, aiming to reach out to Republican lawmakers in an effort to break a logjam over energy policy.

The Obama administration will seek loan guarantees totaling about $54 billion, the official said. That is up from the $18.5 billion authorized. The details are to be unveiled Monday when the White House makes a fiscal 2011 budget request.

The Obama administration will seek loan guarantees totaling about $54 billion, the official said. That is up from the $18.5 billion authorized. The details are to be unveiled Monday when the White House makes a fiscal 2011 budget request……

the administration’s efforts also could alienate the environmental wing of its base. The liberal group MoveOn.org said a survey of its members during the State of the Union address this week showed the most negative response to Obama came when he voiced support for more nuclear power and offshore drilling

UPDATE: Obama To Propose Tripling Of Nuclear Loan Guarantees – WSJ.com

February 1, 2010 - Posted by Christina Macpherson | politics, USA | antinuclear, nuclear, nuclear costs, nuclear wastes