"Has the GOP found its new Solyndra? On Wednesday the House Oversight Committee held a hearing titled, 'Green Energy Oversight: Examining the Department of Energy's Bad Bet on Fisker Automotive.'"
"Fisker laid off a majority of its workers in April after receiving $192 million in federal aid as part of the administration's Advanced Technology Vehicles Manufacturing (ATVM) loan program, which provides loans to automotive companies seeking to develop energy-efficient vehicles.
Oversight committee chairman Rep. Darrell Issa (R-Calif.) ... himself has asked for money from the same loan program for a company that later failed."
Lucia Graves reports for the Huffington Post April 24, 2013.
Source: Huffington Post, 04/25/2013
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