Republicans Take a Shot at White House Spending
Solyndra loan used as an example
- Duration 3:33
- Date Dec 1, 2011
Solyndra loan used as an example
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Leading Republican now taken a shot of the White House in the showdown over extending the payroll tax cut and how to pay for watch this debate in DC.
Mitch McConnell blasting the administration's call to tax the rich there.
-- cover the cost of this -- thumbs up the whole story of this president and economic policies he's promoted over the past few years.
Senator monitor Washington.
So the president and his allies in congress could spend it their way.
On things like turtle totaled a tunnels or bailing out politically connected investors -- failing solar company.
The reference at the end there was this is the Republican congressman Mike Pompeo -- Kansas is on the house committee of energy and commerce which is leading investigate.
Nation and to surrender welcome back sir good morning to you.
For more about what did you think -- McConnell speech there.
He's got it exactly right this administration is deeply committed.
To the fact that if we just send more of our money from Kansas the Washington DC and re distributed that money the world would be better senator McConnell I -- different.
We know that when you try and pick winners and losers when you pick a particular energy sector or particular energy company with taxpayer money.
Bad things happen and -- is just one exempting you I think we're at the bottom of slimmer yet.
Now where -- work not even close.
Just this week we have received a few more documents from.
From the federal government telling us that there -- -- meetings meetings where they were briefing secretary to.
About a meeting he was gonna have with the president of the United States a couple of months before the bankruptcy.
For the administration knew they had an enormous problem and didn't shoot straight with the American people even after they have squandered passing -- -- secretary can you.
Is the Department of Energy secretary did you talk to him just two weeks ago -- -- that hearing on the hill.
-- are you saying someone's lying.
We can't tell for sure.
We still have document so we've subpoenaed but we know this much we've not been able to find a single person is in this administration.
Who has stood up to take accountability.
For a half a billion dollar taxpayer money on Iraq.
They knew when they made the original loan and then when they put the taxpayers behind.
Investors in terms of recovery when they restructured the loan once Linder was already in trouble.
They knew they had a very bad deal and they continue to put taxpayer money and not a single person administration has stepped forward to say.
I'm responsible I'm accountable and I'm the one who made this terrible mistake with -- -- what.
You're alleging now based on the documents you've seen this week was it yesterday was it.
Yes that's correct -- -- this -- just yesterday you're saying that they knew about you know the the potential for failure for this company.
Months in advance and they went lower with the loan anyway is that new.
This this is out this is after the -- has been made but before the bankruptcy.
This is this is an a email which is clearly -- repertory email inside the Department of Energy.
Working to make sure that when secretary Chu went to the White House to brief the president of the United States.
He could give them the full story on the depth of the problems.
At Solyndra and ask don't know what -- -- phone was made there was no way to take that money back was there it was gone though but.
-- but it's certainly suggests that they'd known about this even before that.
-- so we don't know precisely when they do the loan was in trouble but we do know -- -- -- officials came to Capitol Hill before my time in congress.
Brief members of congress and told them that things were fine when -- -- was already in deep financial trouble.
Mike Pompeo -- know you've been on the story from the very beginning we will see work goes in the end thank you for your time today.
For -- thank you very much --