or Login to see your representatives.

Access Candidates' and Representatives' Biographies, Voting Records, Interest Group Ratings, Issue Positions, Public Statements, and Campaign Finances

Simply enter your zip code above to get to all of your candidates and representatives, or enter a name. Then, just click on the person you are interested in, and you can navigate to the categories of information we track for them.

Public Statements

No More Solyndras Act

Floor Speech

By:
Date:
Location: Washington, DC

BREAK IN TRANSCRIPT

Mr. LATHAM. I thank the chairman for the opportunity to speak today.

Mr. Chairman, I rise today in strong support for H.R. 6213, the No More Solyndras Act. I'm proud to be an original cosponsor of this bill, which will protect American taxpayers from losses under failed, unaccountable Federal loan guarantee programs.

The bill will end the controversial loan program created in the failed stimulus bill, under which the Obama administration provided an ill-advised $535 million loan guarantee to the solar company Solyndra, which subsequently went bankrupt.

The legislation would also enforce new accountability standards for applications that have already been accepted under the program.

I understand the desire to do something to help American businesses succeed, but allowing freewheeling, government-knows-best bureaucrats to put billions of taxpayer dollars at risk with no accountability is not the way to do it.

Let's be clear, Mr. Chairman. The government should not be in the business of picking winners and losers. It's time to end wasteful government spending, to protect taxpayer dollars, and to empower the private sector over government. With that, I urge my colleagues to support this bill.

BREAK IN TRANSCRIPT


Source:
Back to top