“I remain concerned with DOE’s ability to manage and provide oversight of the existing loans,” said Florida Republican and Solyndra investigation lead Rep. Cliff Stearns.
Environment and Energy Daily reports:
President Obama didn’t request any new loan authority for the Department of Energy’s troubled clean energy loan guarantee program in the fiscal 2013 budget request he sent to Congress yesterday — and the only new funding he is seeking for the effort is $38 million to cover ongoing administrative expenses.
But Republicans on Capitol Hill said yesterday that they were skeptical of putting any additional dollars toward a program that has become synonymous with the failed Solyndra solar energy company…