Providing for Consideration of H.R. 6213, No More Solyndras Act, and Providing for Consideration of Motions to Suspend the Rules

Floor Speech

By:  Tom McClintock
Date: Sept. 13, 2012
Location: Washington, DC


Mr. McCLINTOCK. I thank the gentleman for yielding.

Mr. Speaker, this bill ends the title XVII loan guarantees that produced Solyndra and so many other alternate energy scams that cost Americans hundreds of millions of dollars while the politically connected perpetrators of these scams walked away wealthy men and women. But this measure does still put taxpayers on the hook to loan out billions of dollars more to at least 50 additional shady, alternate energy schemes that had been submitted under the same title prior to January 1. So there will be more Solyndras under this bill.

I'd offered an amendment to pull the plug on the applications, but I was told, Don't bother; the Rules Committee won't allow the amendment to be brought to the floor.

So I support the bill, but I do agree with my friend from Ohio that the title, ``No More Solyndras Act,'' is a bit misleading. I would suggest an alternative, the ``50 More Solyndras and Then We'll Stop Wasting Your Money, Really, We Promise, Act.''


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