Outgoing U.S. President Bill Clinton and his Vice President Al Gore are pleased with last week’s agreement on the federal budget that includes $1.2 billion to support renewable energy technology and energy efficient products.
WASHINGTON, DC, December 22, 2000 (RENN) – The “landmark” budget is a victory for students and health care because it provides an increase of $6.5 billion for the Department of Education, the largest ever and a 76 percent increase since 1993. It also allocates $9 billion more to the Department of Health & Human Services, and expands coverage under Medicare, Medicaid and the State Children’s Health Insurance Program, as well as restoring reimbursements to health care providers that were disproportionately effected by the Balanced Budget Act of 1997. An increase of 13 percent was provided for President Clinton’s Climate Change Technology Initiative, the backbone of the U.S. effort to reduce greenhouse gas emissions. The initiative supports research, development, and deployment of solar and renewable energy technology and energy efficient products. The budget also increases funding for worker training, and increases the unified surplus to $237 billion, the largest ever. The deficit in 1992 was $290 billion and was projected to be $455 billion by this year. “President Clinton and Vice President Gore won significant gains for the environment in the fiscal year 2001 budget, including new resources to combat water pollution, protect wildlife, address global warming, and preserve precious lands across the country,” says a release from the White House. “At the same time, the President and Vice President fought back numerous, anti-environmental riders that would have traded hard-won environmental safeguards for short-term special interest gains.”