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| Home : White House Calls Green Energy Report Vindication |
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Feb 11
2012 |
White House Calls Green Energy Report Vindication |
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The White House is calling a new report on the Obama administration's controversial green energy loan program a vindication, saying that it shows the loans are less risky that either the Energy Department or Congress anticipated. Republican critics, however, say the report's recommendation that the Department create an "early warning system" and hire a "Chief Risk Officer" is too late, since it comes only after recipients of massive federal loans have already failed. They also say the White House should not characterize a projected loss of $3 billion as a victory.
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| Source:http://feeds.abcnews.com/click.phdo?i=734d6dc3e7d480afc0964c506451e16f |
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