Solyndra Used by Republicans to Bash Obama’s Job Plan
This article is for subscribers only.
House Republicans used a hearing on Solyndra LLC’s slide into bankruptcy to attack the Obama administration’s stimulus plans, past and proposed, showing the issue may linger as a political liability for the White House.
The Fremont, California, solar-panel maker won a $535 million federal loan guarantee in September 2009, the first awarded by the Energy Department, using funds from that year’s stimulus package. The company filed for bankruptcy protection on Sept. 6, and the FBI raided its offices two days later.