It's a story hitting way too close to home for a central Iowa town all too familiar with job loss.
"It is starting to get better. We're starting to see housing prices creep up. We're selling more houses. We're by no stretch out of the woods," said Newton Mayor Chaz Allen.
Just when city leaders thought Newton had finally turned the corner, economically speaking, along comes more uncertainty.
"If the production tax credit isn't passed, you're talking about the loss of 25 to 50 percent of the jobs, not in Newton, but across the country, in wind production," Allen said.
One of Newton's major employers is TPI Composites, a company that manufactures blades for wind turbines.
"These plants out there, their survival is based on the contracts they have now, and their future contracts are in flux because nobody knows what the federal government is going to do," Allen said.
Federal tax credits for wind energy companies credits set to expire at the end of 2012. It's a program helping the producers stay competitive. While critics believe the credits prop up an unprofitable industry, supporters said it just makes economic sense.
"This production tax credit, which everybody supports and won't get passed for some reason, weighs on us, because we need that. We need to see into the future and where they're going to build the wind farms and things like that," Allen said.
Allen said he believes the production tax credit is vitally important to the future of wind energy."I don't like to put all my eggs in the wind energy basket," Allen said. "We need a whole network of systems to produce electricity. Coal, wind, solar, nuclear -- the whole thing needs to be in play. But wind happens to be very important to our community."