September 15, 2012

THE HILL: House Approves “No More Solyndras” Act. “The House passed legislation Friday afternoon that would curtail a Department of Energy (DOE) loan guarantee program that backed a $535 million federal loan to Solyndra, the now-bankrupt solar-panel maker. Members approved the No More Solyndras Act, H.R. 6213, in a 245-161 vote. Republicans have held the failed green-energy company as proof that the Obama administration has funneled billions of dollars to undeserving firms.”

My favorite bit: “Passage sends the bill to a Senate that is expected to ignore it completely.” Hey, it interferes with graft.