The Gateway Pundit has the story.
"This week, the House GOP unveiled new draft legislation — the aptly-named No More Solyndras Act — which is pretty much exactly what it sounds like. The bill would phase out the Department of Energy’s loan guarantee program for clean energy companies, which was expanded through the 2009 stimulus.Today David G. Frantz, Acting Executive Director of the Loan Program Office for the U.S. Department of Energy called the DOE Loan Guarantee program an “enormous success.” Frantz was testifying before a joint hearing between the Subcommittee on Energy and Power and the Subcommittee on Oversight and Investigations."
Click the above to go RTWT and watch the Video also.
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