Tools of the trade
Calling a spade a rake is normative in Washington as politicians seek to either divert attention from what they’re trying to do or put the soft sell on an unpopular proposal. The U.S. House Energy and Commerce Committee is shoveling in a different way by calling a bill by the blatantly politicized name of the “No More Solyndras Act.”
The Republican-run committee has been digging into the Solyndra debacle for months, targeting one of the Obama administration’s most notorious mistakes — funding a solar panels manufacturer that had little or no chance of succeeding.
The proposed bill would end the U.S. Department of Energy loan guarantee program that was used for the Solyndra black hole. A committee press release says the bill would “ensure taxpayers are never again stuck paying hundreds of millions of dollars because of the Obama administration’s risky bets.”
Any bets that this legislation won’t gain any ground in the Senate?