Obama To Ask For $2 Billion To Fund Additional Research In Vehicle Technologies

President Barack Obama will call on Congress today to approve $2 billion in funding for advanced vehicle technologies by tapping funds generated from oil and gas exploration on federal waters, the latest in a series of proposals to boost the nascent market for alternatively powered cars and trucks.

Obama will make the proposal at an appearance at the Argonne National Laboratory in suburban Chicago, the White House said in a fact sheet released ahead of his speech.

He will call on Congress to set aside $2 billion over the next decade for research, including electric vehicles, batteries, compressed natural gas and biofuels. Obama proposed the idea in his State of the Union address last month, when he called for taking a share of revenue from oil and gas leases on federal lands and placing it in an "Energy Security Trust" fund, but didn't put a price tag on it.

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LexSucks - 3/15/2013 6:00:03 PM

-5 Boost

"What a douche." - Nah dude. You are more of a douche than he is. details below.

"Closes the White House Tours." - The sequestor reduced GOV't spending. The sequestor also created job losses. Whats funny is that you only care about the White House Tours being cancelled. The job loses are the blame of both parties. Fox news knows this so they look for something that they can pin only on Obama... And Tadaa "Obama cancelled the white house tours". Turn off Fox news.

"His jetting off to play golf with Tiger Woods would have funded the
tours." - Is he not supposed to play golf? Or is it only George Dubya that is allowed to play golf while being the president? You don't have a problem with the tours being cancelled, your problem is that you don't like seeing this president acting like a president. And we all know why.

"Obama hired a $100K dog walker for the dog they got when they moved into the PEOPLE"S HOUSE." - And Bush lied us into a trillion dollar+ 10 year plus war that costs thousands of U.S lives. I'll bet that Obama's dog walking upsets you more than the wars that we were lied to about by the republicans? Fox news is working.

"Michelle has hired herself a staff of about 22 people. Each with six figure incomes."- So did other first ladies. Why is it an issue now? I know. We all know. And its the same reason why you guys keep losing presidential elections.

"Past first ladies had 1-3 people on staff." - Complete BS. Hillary Clinton had 19 staffers, and Laura Bush had at least 18, and perhaps more first ladies weren’t far behind. But this is only an issue now with Michelle because your conservative wackjobs tells you that its an issue.

"The Obamas have a six figure person chief."- So did the other presidents. They all had personal chefs. What do you think a good chef makes? 100k is the norm. But I guess Obama is suppsed to get by on Microwave Dinners and Ramen noodles? Or a 50k a year chef.

"While they THINK they are king and queen, they are now denying Military personnel their College funds, cutting their insurance..."
- Where do you get this crap from? It's the congress that controls military spending. You really need to turn off Fox News.

docholiday - 3/15/2013 11:36:54 PM

+6 Boost

Liberals can't stand those with a different viewpoint and blame Fox news. What a joke. I blame the morons at messnbc, cnn and the rest of the left wing horsedung media. Hollywood is a bunch of Liberals giving awards to other Liberals for being Liberal. Thank heavens for Fox news and I cheer for Hanity, Lavine, The Heritage Foundation and the like. This Liberal/Socialist crap is distroying the U.S. and all those that gave their lives for freedom and liberty. Liberals want to take us back to the days of a dictatorship. Willing to give up their freedoms along with mine. This country is being destroyed. For me it's not just Obama it's the whole Liberal mindset.

atc98092 - 3/15/2013 1:14:04 PM

+3 Boost

They tell me I have to take an unpaid day off every two weeks. Where is this money going to come from?

mrcassis - 3/15/2013 7:27:47 PM

-5 Boost

C'mon conservatives. Look away from Fox for juuust a minute here and LLLLLLLLLLLLLLLLLLLLLLLLLLets get ready to bash Obamaaaaaaaaaaaaaaaaaa!!!!!!!!

HughJass - 3/15/2013 7:49:15 PM

+6 Boost

Why, so he can sell it to his Chinese masters once the work is done?