Rep. Campbell on Solyndra: Not Investment, but Unchecked, Agenda-Driven Subsidy

Speaking with David Asman on "America's Nightly Scoreboard", Congressman John Campbell explains that the details of Solyndra's bankruptcy paint a disturbing picture of the Obama Administration using millions of taxpayer dollars to subsidize a "politically correct" company that could not produce a sound business plan. He goes on to point out that unlike proven policies to incentive new and existing businesses that compete and are solvent, this kind of government infusion for specific companies, handpicked because their promised product fits a certain political agenda, is irresponsible and economically dangerous. A bipartisan group of Members of Congress, Campbell confirms, have raised serious concerns about the federal government's involvement with Solyndra and are calling for a thorough review of the facts.

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News & Politics

Tags:

• Solyndra
• Subsidy
• Bankruptcy
• Economy
• Failure
• Deficit
• Taxes
• Tax
• Investment
• Obama
• White House
• Congress