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U.S. Rep. Jean Schmidt Statement on USEC Talks with DOE

Statement

Date: Oct. 21, 2011
Location: Washington, DC
Issues: Energy

U.S. Rep. Jean Schmidt released the following statement today on USEC Inc.'s ongoing discussions with the U.S. Department of Energy regarding the American Centrifuge Plant project in Piketon. The DOE has proposed a cost-sharing agreement on a research, development, and demonstration program.

"I was briefed Friday afternoon on the proposal," said U.S. Rep Jean Schmidt, whose 2nd Congressional District includes Pike County. "While I appreciate the Department of Energy's efforts to move this project forward, I am disappointed that a conditional loan guarantee has not been made.
"I intend to fully review the proposal, but I remain convinced that the best way forward is for President Obama to keep the promise he made to Southern Ohio and provide the loan guarantee now."


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