Half-Assed: GOP to call up 'No More Solyndras Act' when Congress returns

House Republicans will pass a bill next week that suspends new loans for clean-energy companies under the Department of Energy program that loaned nearly $530 million Solyndra, the failed solar panel producer that Republicans have targeted as an example of government waste. Under the "No More Solyndras Act," H.R. 6213, any similar applications for government loans made in 2012 could not be accepted, and any applications submitted before 2012 could only be approved after a Treasury Department review of the proposed financial terms of the loan. In addition, any loans approved would have to be reported in full detail within 60 days. Any violation of the bill would subject related officials to penalties, including a fine of at least $10,000 and up to $50,000. The bill finds that the Obama administration pursued a "green jobs" agenda with the use of $90 billion in program funding in the 2009 stimulus bill, in addition to $47 billion in loan guarantees from various appropriations bills that can be used under the Energy Policy Act of 2005...more

Well, not really, they're "suspending" some, tightening the rules and upping the penalties on others.

My question is: Why should the Energy Dept. be making loans of any kind to anybody?

Looks like the Republicans are half-assin' it again.