Obama administration officials on Wednesday defended a $528 million loan to a solar-panel company that went bankrupt this month, claiming the firm fell victim to global economic trends but that federal investment in alternative energy must continue.
The testimony came as Republican and Democratic lawmakers raised sharp questions about the decision that ultimately left taxpayers on the hook for millions, and as newly released emails show administration officials were raising doubts about the loan proposal to Solyndra months before it was finalized.
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1 comment:
This needs to brought up by the men and women in our legislator before anyone votes on Obama's Job Bill. How much money are we going to allow this Idiot to waste before someone stops him!?!??
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