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Chances of Another Solyndra Scandal?

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    Republican lawmakers concerned about White House's judgment

  • Duration 4:19
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There is new fallout now in the slander scandal Republican lawmakers though worried about how many more troubled companies might be out there.

Getting your tax dollars here's senator Jim Inhofe.

When I asked him about that just yet you.

-- have to investigate all the way to the end of it because I think I have a feeling their other cylinders out there that may surface we're -- Well is that the case now because parents he's releasing a video hitting the president harder -- the collapse of the energy company humorous part of that and now.

-- going to be some values and soliciting their warnings not to -- that.

Snow or more -- the -- red flags will be hindsight is always wonderful.

Workers laid off.

It went through the regular people it's helped put pressure on the Energy Department to approve this -- -- Felt like this was a -- deep misgivings inside the government warning after.

Elizabeth runs out of cash and even a slim a -- Company from the White House kept it secret do you regret that no I don't.

She was born you -- congressman Jason shape its member of the house committee on oversight and government reform and sir good morning.

-- you wanna know where is this going why's there a drip drip drip every day.

While we want to understand what are all these other companies are this is a program where.

The government was handing out money to companies that we don't know a whole lot about I think -- it like an earmark I I fought to get rid of congressional earmarks.

But we have people in the White House are picking winners and losers He really begs the question how did they come to those conclusions and and I think that's up in a congress -- -- it have you drawn conclusions yet.

Well it's obviously not going well you have a half a billion dollars of the peoples money you gotta remember every time the governor makes a decision to spend money they're -- about money out of somebody else's pocket and giving it to somebody else.

And the president calls it a good bet that's built -- not we're not supposed to be betting on the American people's -- had gone down to Vegas and putting it on red.

That's that's not the proper role of government the other thing you said is that failure to it agrees to be expected in that -- It is -- when you're dealing with new technology.

I'll leave that government should fundamentally not be picking winners and losers we talk about investing in Green energy and investing in jobs in -- sense of things.

The government has to be very -- a careful in creating an even playing field.

And what begs the questions and I think cliff Stearns in the energy and commerce -- department of done our committee are doing a good job diving into this is.

Despite the warnings why did the White House continue to move forward and and and my -- all over on the oversight committee.

Is make sure this is happening in other situations through the White House -- well you know it's we -- Steven -- to testify He runs the department of energy agency astronaut you hear from -- up slowly out of Washington times caught up with them I think this was yesterday now.

We have a short clip of the question and answer between the reporter for the newspaper.

And the.

The secretary listen.

Virtually every country and western -- Japan Korea and China are feeling has.

That users should be.

Technology and they sit.

We have to invest we have -- he's.

-- that we'll need.

And we want to be in that place.

There are two points He was making in that segment there.

That that these companies overseas like China are -- and trillions of dollars of government money.

Sorry to pouring their own government money into an industry that could produce trillions of dollars and jobs can.

And benefits for that country so we need to get on board that.

I the other point He makes is that it's really easy for folks like you to sit back in hindsight and say this was a stupid move -- EC -- secretary.

Well it was a stupid move and what's important is we don't keep make in the same stupid move again and again.

Think yet that the White House is it continued to pour they have billions of dollars that are set aside to invest in these types of companies.

And I fundamentally find that that's wrong so we -- a responsibility make sure we're good stewards of the American's people's money.

And that the government isn't doing this just out of the White House what looks to be.

As purely political moves and that's that's the deacons are one more thing here cylinders one how many do you think.

Are out there possibly.

I don't know the answer to that but that's why they the the congress is gonna continue to dive into it it it's billions of dollars -- Jayson -- fits my guests from Washington thank you sir thank you.

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