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too many government programs waste taxpayers money by duplicating efforts. that is the basically finding of the government accountability office in a 280 page report to congress. renewable energy comes in for much of the criticism this year. efforts to support wind, solar and biofuels are fragmented among 23 different government agencies and a total of 679 different programs. critics say all this government waste and duplication is robbing future generations by driving up the deficit. this morning senator tom coburn of oklahoma targeted that confusing tangle of renewable energy programs as one example. nobody knows what s going on there. not the department of energy or all these other 13 agencies that have these programs. nobody knows. we re just throwing money thinking it will stick on the wall and enriching those that are well-connected in the process and wasting our kid s future. reporter: a lot of areas
going to control this industry and that is okay? guest: china has been using cash loans to state owned oil companies to guarantee oil delivery so they are subsidizing the production of oil in state-owned oil companies to make sure necessity get what they need. the u.s. oil companies get the limited tax breaks but keep in mind u.s. oil companies pay somewhere between 35 percent and 38 percent of their net income in taxes each year and you did not see that in petrochina but china is making sure their economy will grow regardless of what it takes while we have a president and an administration who is holding back domestic resource production. it is okay to support wind, solar and biofuels but it will not driver energy for decades. what about the present? neil: do you think the president was aware of the timing of the remarks this morning on the same day he is bashing big oil, that our