Republicans Say White House Rushed Solar Loan

Thursday, September 15, 2011

A House subcommittee is accusing the Obama administration of aggressively pushing a loan for a now bankrupt solar company, Solyndra. Republicans say the White House rushed the bad loan in spite of repeated warnings about the company's viability. Solyndra  collapsed two weeks ago and is now under federal investigation, leaving taxpayers on the hook for more than $500 billion.

Takeaway Washington correspondent Todd Zwillich examines the substance and the politics behind the GOP's claims.

Comments [23]

Lynn Matt from Uk

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Sep. 01 2015 04:16 PM
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Jul. 18 2014 01:35 PM
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Jul. 16 2014 07:12 AM
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Jun. 16 2014 10:42 AM
Mrs Merimu Bujuham from USA

I am Mrs Merimu Bujuham,currently living in New jersey city,USA.I am a widow at the moment with three kids and i was stuck in a financial situation in may 2012 and i needed to refinance and pay my bills. I tried seeking loans from various loan firms both private and corporate but never with success,and most banks declined my credit. But as God would have it, I was introduced to a man of God a private loan lender who gave me a loan of $85,000USD and today am a business owner and my kids are doing well at the moment, if you must contact any firm with reference to securing a loan without collateral , no credit check, no co signer with just 3% interest rate and better repayment plans and schedule,please contact Mr Erivan.He doesn’t know that am doing this but am so happy now and i decided to let people know more about him and also i want God to bless him more.You can contact him through his email:

Feb. 15 2014 04:04 AM

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Feb. 10 2014 03:51 PM
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Mar. 31 2012 12:42 PM
Rehana Aman

Hi, everyone. well my names are mrs Rehana Aman and i am from USA. i had
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Mar. 09 2012 04:09 PM

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Oct. 10 2011 02:48 PM
Angel from Miami, FL

Congress, lobbyists, and old energy companies are the real villains here. Together they work to keep tarriffs from being imposed to Chinese-made solar panels. While keeping incentives going to oil/gas extraction instead of solar panel and wind turbine construction.

China makes these products using all kinds of incentives from their own government. That in addition to cheap labor keep their prices lower than ours. US congressfolks' answer to this is to HELP China defeat our own industries.

There ARE two Americas. The one that has congress in their pockets and the one that just gets to "vote" for them.

Oct. 07 2011 07:42 AM
wes from Kingsport, Tenn.

"Where did the rest of the stimulus money go that requires yet another jobs stimulus"investment" this year?"

well, nearly half of it did go to tax cuts (something conservatives curiously overlook)...

Sep. 15 2011 09:38 AM

The administration "really wanted to use Solyndra as a billboard...for the new green economy and the stimulus act".

And so it will be.

Where did the rest of the stimulus money go that requires yet another jobs stimulus"investment" this year?

Sep. 15 2011 09:26 AM

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