(05-20) 09:03 PDT WASHINGTON (AP) -- A Democratic aide says President Barack Obama is poised to ask Congress to agree to $9 billion more in loan guarantees for the nuclear energy industry — on top of $18 billion announced earlier this year. The president is pushing for a new round of construction of nuclear plants.
At the insistence of Democratic House Speaker Nancy Pelosi of California, the request for more spending on nuclear energy would be coupled with $9 billion in loan guarantees for renewable energy such as wind and solar. The aide spoke on condition of anonymity before a formal announcement from the White House.
The money would be tacked onto a spending bill for Haiti, Afghanistan and domestic priorities that Congress is expected to tackle after Memorial Day.
