California Program That Backed Solyndra Will Go On, Sponsor Says
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A California program that set up more than $100 million in tax breaks for companies including now-bankrupt Solyndra LLC will continue with “very minor” changes at most, the program’s sponsor said yesterday.
“To the extent that people are looking at Solyndra and saying that’s why we should end this program, it’s absolutely unjustified,” Senator Alex Padilla, the Pacoima Democrat who sponsored the bill that created the tax breaks, said in an interview. “If there were to be any changes, they would be very minor.”