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Jake Auchincloss: “The Office [of Energy Dominance Financing] has roughly 200…”

Featuring: Jake Auchincloss, Democratic | U.S. House Massachusetts, District 4

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Auchincloss Decries Trump Administration's 'Arbitrary And Capricious' Attacks On Offshore Wind

Published | Video Starts at 00:47

We need rule of law and we need it for utility bills in Massachusetts and we need it, frankly, for energy abundance across the country. Let me return to the energy dominance financing though The Office [of Energy Dominance Financing] has roughly 200 billion in loan authority over 100 billion in obligations. requires competent staff and really apolitical, technically competent staff. Under the last administration, administrative expenses were $120 million annually. (00:47–03:10)

CLAIM

States that the Office of Energy Dominance Financing has $200 billion in loan authority and $100 billion in obligations.

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