The Associated Press: House votes to end energy loan guarantee program
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.
What is so sad about this idiocy is that the legislation reads like the news ticker on Fox, absurd bias, complete lack of context, and designed to appeal to hardcore partisan asshats.