Cash For Caulkers Blog » Homestar
What Happened to the Cash for Caulkers Program?
The Senate returned from their recess back on September 10th. Contrary to the goals of some in the Senate, there has been very little discussion of the proposed HomeStar program (commonly known as Cash for Caulkers). With the possibility that the democrats would lose control of the House of Representatives in the elections on November 2nd, it is unlikely that any Senators would publicly campaign for the Cash for Caulkers program. With a projected deficit of over $1.4 trillion this year, the electorate simply does not want to see increased government spending, as evidenced by a recent Gallup poll which listed the economy, jobs, dissatisfaction with government, and the budget deficit. So, if the Republicans do strengthen their presence in Washington, it is unlikely that the HomeStar program will ever … Read entire article »
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Will Obama Discuss Home Star details on September 10th?
Harvard University History and Business Professor Niall Ferguson told CNBC today that the White House may roll out tax cuts before the November elections. This story also jives with one from the Business Insider today which suggests the White House is preparing another stimulus, but the White House states that no stimulus is being considered. Business Insider speculates that focus group research might indicate a negative perception of the word “stimulus”, so it is likely any further economic stimulus will not be labeled so. The question we ask is how does the Home Star program fit in with any potential economic stimulus package from the White House? Perhaps the stars are aligning for the Cash for Caulkers program. The House has already passed their version of the Home Star program. The Senate … Read entire article »
Senate to Address Energy Legislation in September
The Senate is currently on recess and is scheduled to return on September 10th. Upon their return it is expected that they will address legislation on energy, small business, and appropriations bills. The energy legislation should include discussion of the proposed Homestar, or “Cash for Caulkers”, program that the House passed earlier this year. What are the odds of Cash for Caulkers passing the Senate? Leave your comment below! … Read entire article »
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Senator Reid to Introduce Home Star Bill to the Senate Today
According to the Financial Times, Senate Majority Leader Harry Reid released details of an energy bill on Tuesday, July 27th. However, at the time of this post Senator Reid’s website does not contain comment or details on the energy bill. The Financial Times article states the bill will provide $5 billion in incentives for the Home Star program, which will give rebates to homeowners to make their homes more energy efficient. According to CNBC, Senator Reid will introduce the Home Star bill today in the Senate, and hopes to get this bill passed next week before the Senate takes its August recess. … Read entire article »
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Cash For Caulkers Bill Still Under Consideration in the Senate
According to an article published this evening on CNNMoney.com, Senate Majority Leader Harry Reid has said that any energy bill the Senate would pursue would focus on four areas, one of which is the Homestar program, commonly referred to as Cash for Caulkers. The Sponsor of the bill in the Senate is Senator Jeff Bingham, a Democrat from New Mexico. Co-sponsors are Senator Lindsey Graham and Senator Mark R. Warner. Senate bill S.3177, referred to as the Home Star Energy Retrofit Act of 2010, has been referred to the Committee on Finance. The House of Representatives passed the $6 billion Cash for Caulkers bill on May 6, 2010. … Read entire article »
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