Bipartisan Support Builds for Size and Flexibility of RUS Lending Program

One hundred sixty-nine House members—89 Republicans and 80 Democrats—have voiced their support for the Obama Administration’s proposal to set funding of the Rural Utilities Service (RUS) Electric Loan Program at $5 billion for fiscal year 2015.  However, they have also asked that the House agriculture appropriations subcommittee reject the Administration’s proposal to earmark as much as $4 billion of that amount for renewable energy projects.  The group, in a letter delivered to the subcommittee’s chairman and ranking member, has expressed hope that RUS lending will “continue to be driven by the needs of the borrower.”  Click here for more.

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