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Detailed text transcripts for TV channel - FOXNEWS - 20130118:14:48:00

Money will support this chinese-based company and create 800 jobs in china. bill: you wonder what we get out of it. what this shows, this came from stimulus money, right? exactly. bill: 2009. before the green energy companies would get tax credits. yes. bill: but through the stimulus law that was signed, they received money. oh, yes. bill: cold cash. called section 1603 of the american recovery and reinvestment act which is in 2009 as you mentioned. about $16 billion have been dolled out so far. 4 billion gone to the foreign companies. basically going back to a lot of them, spanish, company, spanish renewable energy company got $1.8 billion from the u.s. taxpayers to do work here in the united states. but isn t the goal here to basically spur on growth of american companies. create american jobs? sure. bill: i agree with you. that is what we thought it was for though. we did. bill: what that shows you this white house was dead set on pursuing a green energy policy. and they d ....

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