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Loan Foe Ryan Sought Riskier Practices on Electric-Car Aid

Republican vice presidential nominee Paul Ryan pressed the U.S. Department of Energy in 2008 to write rules for electric-car loans that could have risked almost as much federal money as was lost when Solyndra LLC went bankrupt.

Ryan, a Wisconsin congressman, who has called the department’s lending programs “corporate welfare,” suggested in a letter co-written with three other lawmakers from the state -- all Democrats -- that money for approved auto loans be released in full up front.