(Washington)-the house republicans questioned whether the White House on Wednesday, get approved a now bankrupt solar panels manufacturers once as a kind of renewable energy company, and the federal stimulus money lead of $5 billion loan.
Solyndra company is a main existence in Washington, especially about the department of energy loan guarantee program, spent millions of dollars lobbying. Its executives thousands of dollars to put Mr Obama and the Democrats in congress.
A headquarters in fremont, California folded touted barack Obama President finally left hook on $5.28 million, improve taxpayer, if the loans were sent to accommodate companies in September 2009 event function of the vice President biden.
The U.S. house of representatives government reform committee review loans, seem to suggest that the disclosure of the office of management and budget hot pot of of the senior staff federal loans, designed to help start the national renewable energy industry that "sent to approval" E-mail.
We would rather say: "have enough time to do our due diligence review and approval of setting the date of the public announcement, not the other way, from the administrative management and the budget office anonymous aides biden's office of one of the email.
Obama cites the economic stimulus bill Solyndra company will be how to create jobs a example. But the company from bankruptcy and shed 1100 workers, said it could not and foreign manufacturers of solar panels.
The Associated Press showed Solyndra company review documents spent nearly $2 million lobbying the federal government in the past four years, the department of energy of the provisions of the loan program, including a few months ago, the White House officials urged the approval of funds.
Solyndra company in the first quarter of 2009, pay $20000 McBee strategy consultancy, to lobby the relevant department of energy loan guarantee program, records show that problems, and in early 2008 pay $30000 to Dutko global processing Solyndra company loan application.
The house energy and commerce committee's investigation panel republicans in question, why have a rush to approved loans and the loan guarantee program is necessary. "Our research paper puts forward some questions about whether the authorities doing all it can to protect the taxpayers' money, said:" the chairman of the committee, representative Fred Upton, Michigan-R.
White House spokesman jay karni said, email don't suggest, the White House push to make loans.
"E-mail clear, there is an urgent need to a scheduling problem making decisions. Mobile President or the event, that kind of thing, so people just about whether looking for answers, this is a big proposition people can move forward," karni told reporters at the White House.
"It's nothing-there is no evidence to the contrary-not to do anything, except need to get the answer to make dispatching decision," he said.
Obama government and democratic Congressman actively sought as a kind of renewable energy investment projects, create jobs and to reduce the nation dependence on oil. They point out that other countries also invest in solar cell and solar manufacturing jobs game is worth the winning heavy, because the global market will be $1 trillion hundreds of thousands of value.
The consequences of Solyndra company is in the White House of embarrassing time, while Obama is in the nationwide scale his work plan, including on renewable energy investment.
Team had been investigating committee half of Solyndra company to have financial difficulties. Shortly after the record, the fbi officials raided the company's headquarters, the company says, the fbi is looking for loan records.
AP's a federal election commission records show that the review, Solyndra company executives for Mr Obama and the Democrats aligned group. Solyndra company's executive vice President, and Karen change, the company's vice President of marketing, this bill mann, contribute over 3500 yuan, barack Obama's presidential campaign. One of the company's investors, George Kaiser, is a "binding machine" Obama running for President in 2008, improve between $50000 and $100000, records show.
The energy and commerce committee Democrats have questioned Solyndra based on the investigation of the company, and in July from administrative management and the budget office documents issued a subpoena to vote. Representative Diana DeGette coronado, D- The fbi raids, but after the bankruptcy and describe as loans (Wednesday) "crash."
But Democrats also believe that it is not clear whether the company's financial predicament is just a unforeseeable conditions of the market or sloppy examination and approval or enterprise malfeasance results.
Democrats also said no investment in the United States, the solar energy industry economic death sentence will allow other countries dominated the growing volume.
"If you are in real life, you know that the world can't continue its on fossil fuel dependence, we lose in this industry, our competition, especially China risk, said:" D-California Congressman wei, Henry, alex.
Federal officials tell congress, Solyndra company experience for 3 years, and the bush administration review before the start of any taxpayer money into the danger of the situation. Department of energy loan project office, executive director of silver, Jonathan said, this company ready, in 2009 for success.
But China enterprise filled with cheap panel market, and European economies weaken the needs of our customers. The result is an unprecedented solar battery prices fall, this year.
Silver said, loan assures the plan is for the us company in the world, they need tools to market success, one of these tools, because other countries have learned to, is the low cost financing.
"This is not pick winners and losers, this is to help ensure that we here have winners," Silver said.
But republican officials dispute, the bush administration is willing to go to a Solyndra company's loan guarantee, and points out that the department of energy committee of conditional promise to provide Solyndra company in January 2009 voted against the proposal." Representative cliff bear stearns, R-the FLA, the house energy panel chairman table




Other News:
House probing $528M loan to failed solar company
Car bomb kills 15, wounds dozens in southern Iraq
AP Exclusive: Official slams corn syrup rebranding
Al Gore plans 24-hour webcast linking climate change, extreme weather
Obama: Congress has no reason to wait on jobs bill
Gulf spill blamed on poor management decisions
6 things to watch in Monday's debate
Gunmen attack US Embassy, other buildings in Kabul