NRECA Thanks Members for Their Support of the Rural Utilities Service

NRECA thanks Reps. Mike Conaway, Collin Peterson, Marsha Blackburn, and the other 131 Members of Congress who signed a letter to the Agriculture Appropriations Subcommittee supporting a loan level of $4 billion for the Rural Utilities Service Electric Loan Program, the level requested by the President, for fiscal year 2014. These loans help electric cooperatives provide affordable, reliable electricity, and the program is projected to reduce the deficit by over $130 million in fiscal year 2014. The letter also requested that Congress not place new restrictions on the types of electric generation that can be financed with RUS loans.