Republican House Passes “No More Solyndras Bill”
In total, the Energy Department has approved $34.7 billion in loans to 33 projects. Aside from Solyndra, two other companies with loans have gone bankrupt.
Democrats slammed the legislation, saying it ignores successes in the loan portfolio.
“This is not serious legislation, it’s a political bill,” said Henry Waxman, the top Democrat on the House Energy panel.
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