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What is Your Opinion of Cash for Caulkers?

Although Congress has been silent on the Homestar program recently, NPR recently published a story about how the Goldstar and Silverstar programs would work.  The article generated a lively discussion with 78 comments.  So, what do you think about the proposed Homestar program that the Senate needs to vote on?  Are you in favor of it or against it?  Why?  Please leave a comment. … Read entire article »

Filed under: Featured, Homestar

Harry Reid, A Supporter of Cash for Caulkers, May Not Get Re-Elected

According to Politico, early voting in two of Nevada’s largest counties has been higher on the Republican side, which does not favor Harry Reid’s bid for re-election.  This reduces the already slim probability that a Cash for Caulkers bill will get passed any time soon. As you may recall, in July Harry Reid planned to introduce the bill to the Senate and hoped to pass the bill before the Senate took a recess in August.  The bill never came up for discussion and media coverage of the HomeStar program has been basically non-existent since then. … Read entire article »

Filed under: 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 »

Filed under: Homestar

Department of Energy Awards $30 Million To States for Energy Efficiency

Although the Cash for Caulkers initiative appears to be stalled at this time, the government is still allocating funds toward retrofitting homes to increase energy efficiency.  The Department of Energy recently announced awards of $30 million to twelve states for energy efficiency projects.  This funding includes $22.5 million to retrofit buildings in seven states in order to increase energy efficiency.  Here are the details: A multi-state award was given to Massachusetts, Alabama, Virginia, and Washington to retrofit at least 12,150 homes by 2013.  Then the program plans to retrofit over 75,000 homes by 2021.  In Nevada, funds will be used to expand their Home Performance with Energy Star Program with a target of retrofitting at least 5% of Nevada’s single-family residences by 2021.  In Maine, funds will be allocated to retrofit small to medium multi-family … Read entire article »

Filed under: Featured

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 »

Filed under: Featured, Homestar