Friday, September 14, 2012

The "No More Solyndras Act,"

By JIM ABRAMS
Associated Press
WASHINGTON (AP) - Republicans on Friday pushed a bill through the House shining a campaign-season light on the most conspicuous failure of President Barack Obama's economic stimulus package. The bill would phase out federal loan guarantees like those that went to the now-bankrupt solar power company Solyndra LLC and left taxpayers on the hook for more than $500 million.
The "No More Solyndras Act," which passed on a mainly party-line vote, has no chance of advancing in the Democratic-led Senate and was assailed by House Democrats as an election-year stunt. The vote was 245-161.

2 comments:

Anonymous said...

Most political maneuvers are election oriented stunts!!

This one just happened to be by the Reps. the next one will probably be by the Dems.

Anonymous said...

More than a stunt. Solyndra was supported by the President and it was a colossal financle mistake and loss to the taxpayer. I supported Obama lost time but will not vote for him because of his wasteful wind energy stand and the fact that wind farms destroy communies and their citizens investments in their homes.