Senate Passes $2 Trillion Economic Rescue Package, Largest Relief Bill In U.S. HistoryThe Senate has passed an unparalleled $2.2 trillion economic rescue package steering aid to businesses, workers and health care systems engulfed by the coronavirus pandemic. The 883-page measure is the largest economic relief bill in U.S. history.
Report Shows White House Ignored Warnings On SolyndraRepublicans investigating the federal government’s investment in a bankrupt solar panel manufacturer have concluded that the Obama administration ignored numerous red flags about the company’s financial viability, leaving taxpayers on the hook for more than $500 million.
Solyndra Execs Refuse To Testify At House Hearing On LoanTop executives from a bankrupt Fremont-based solar energy company have declined to testify before a congressional hearing investigating their half-billion dollar government loan.
Federal Analysts Warned Of Solyndra Financial Problems In 2009Federal analysts looking at a proposed loan to a Bay Area solar energy company in 2009 warned then of possible problems, as well as pressure from the White House to speed up a decision, according to a memorandum released by a Congressional committee.