Speaking at the University of Nevada, Las Vegas, President Obama issued new proposals for issuing tax credits to renewable energy companies as a means of stimulating job creation. The President urged increasing the current funds already approved by the Congress totaling some 2.3 billion dollars. The problem is, there aren’t enough tax credits  to go around,” Obama told the crowd at the university.  “When we announced the program last year, it was such a success that we received 500 applications requesting over $8 billion in tax credits. But we only had $2.3 billion to invest. In other words, we had almost four times as many worthy requests as we had tax credits.”

President Obama’s trip to promote alternative fuels was also part of a larger effort to help push Senate elections this November back towards the Democrats, who have been consistently losing ground to the political right over the past several months. Indeed, Obama wasted no time criticizing top GOP leaders for being critical of his administration rather than offering up original solutions. “At every turn, we’ve met opposition and obstruction from leaders across the aisle,” said the president. “That’s why I’m glad I’ve got a boxer in the Senate, who’s not afraid to fight for what he believes in. The boxer, according to the President was none other than majority leader Harry Reid, who has been a key ally of the administration’s efforts across the board, including climate change and the move towards renewable energy products.

However, for Obama to even consider enacting massive initiatives such as removing national dependence on foreign petroleum, the President has recognized that he must first secure a firm majority in both houses of Congress. Indeed, the November Elections will truly be a referendum on the policies of Obama and Congressional Democrats.