Time to sign it
Posted byon February 17, 2009 at 09:49 AM EDT
The President is off to Denver this morning, where he'll sign the American Recovery and Reinvestment Act into law.
He'll sign the bill at the Denver Museum of Nature & Science alongside Vice President Biden, Gov. Bill Ritter, and Interior Secretary Ken Salazar (who until recently was Colorado Senator Ken Salazar), then take a tour of the museum's installation of solar panels.
The Denver Post and Rocky Mountain News both identified local clean energy companies who say they expect to benefit from the economic recovery package.
Pete Austin of Cañon City is poised to implement the stimulus bill's expanded subsidies for wind energy and business-equipment purchases. He said he will train and hire installers for solar panels and wind turbines and will finally lock up the loan he has been putting off for new trucks.
"I'd like to thank them from the bottom of my heart," said Austin, taking a break from installing a home-based solar array in Pueblo West. "I'm tickled to death that we're moving forward with legislation and policy that directs this country into energy that's diversified. We're very happy they have kept the promise."
Matthew Caryofilles, the owner of SALT Electric in Denver…Once the stimulus bill is signed, he predicts several projects that have been "percolating" will finally get under way. Work could begin on some of them by the end of March, he said.
"We can actually grow again," he said.
More on the signing later.
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