House Republicans used a hearing on Solyndra LLC’s slide into bankruptcy to attack the Obama administration’s stimulus plans, past and proposed, showing the issue may linger as a political liability for the White House.
Food companies, consumer groups and even a senior administration official are pressuring the White House to announce new food safety regulations that were mandated by law to be released more than four months ago.
U.S. House Republicans have closed their 18-month investigation of Solyndra LLC’s loan guarantee after issuing three subpoenas, conducting five hearings and reviewing than 300,000 documents. Now, the issue lives on in the presidential campaign.
A White House budget official warned a last-ditch Energy Department plan to save Solyndra LLC from collapsing could end up costing taxpayers tens of millions of dollars more than letting the company close, according to a report by the Republican-led House Energy Committee.