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Obama to GOP: Letting Wind Subsidy Lapse Would Kill Jobs

President Barack Obama on Thursday urged Congress to extend tax incentives that benefit renewable energy companies, saying failure to do so would put thousands of jobs in jeopardy.

The wind industry in Iowa has "taken off," the president said while visiting a company that manufactures blades for wind turbines. He said progress in the industry is in "jeopardy" because a tax credit used by the wind industry is expiring at the end of the year.

He also continued his criticism of Republicans in Congress for not supporting his economic ideas. The tax credits are part of the president's "to-do" list, a series of ideas--from tax breaks to measures to help homeowners refinance their mortgages--to help jump-start economic growth.

Republicans, including those who support some of the proposals, are pushing back at the president's approach to getting the ideas passed.

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