Feb 22, 2012 12:29 AM GMT
House Energy and Commerce Committee Republicans marked the Solyndra investigation’s one-year anniversary on Friday with a new catch-phrase they hope will follow the president on the campaign trail: “the Solyndra economy.”
They argue that the Solyndra loan guarantee is emblematic of the president’s heavy-handed approach to job creation. Republicans say they are the champions of the “Keystone economy,” named for the proposed Alberta-to-Texas oil pipeline that the GOP strongly supports.
“Solyndra and Keystone represent what’s at stake this November,” Rep. Ann Marie Buerkle (R-N.Y.) said Friday during a press conference on Solyndra. “Two very different visions — I think Solyndra and Keystone typify them.” [...]
Solyndra filed for bankruptcy and laid off 1,100 workers in September, about two years after receiving a $535 million taxpayer-backed loan guarantee from the administration.
Over the course of their investigation, Republicans on the House Energy and Commerce Committee have alleged that the administration granted the Solyndra loan to please Obama campaign donors associated with the company.