Friday, September 14, 2012

Sinema's Party Votes to Waste Taxpayer Dollars on Failed Companies like Solyndra

Washington Democrats Ignored Warnings, Wasted Billions but Remain Desperately Committed to Their Flawed Energy Policies

WASHINGTON --- Kyrsten Sinema's party promised jobs and energy independence from their $833 billion stimulus gamble, but instead taxpayer dollars went to failed big-government experiments like the now-bankrupt solar company Solyndra. Today her party voted to protect their failed energy policies (Roll Call , 9/14/2012), so will Sinema support their out-of-control agenda even after millions of dollars were wasted and middle-class Arizona families are still struggling to pay for high energy prices?
"With this vote, Kyrsten Sinema's party in Washington chose to protect their ability to waste families’ hard-earned tax dollars on loans to politically-connected companies,” said NRCC Communications Director Paul Lindsay."Despite the bankruptcy of stimulus poster-child Solyndra, is Sinema ready to blindly commit to her party’s reckless agenda of more taxing, spending and borrowing at the hands of working families?”

A review found that $3 billion could be lost on green energy programs, like Solyndra. (Matthew Daly,"Report: Energy loans could cost $3B,” Associated Press, 2/10/2012)

Washington Democrats are clinging to their right to ‘take bets’ with taxpayer dollars:
"’But that's exactly what the loan guarantee program was designed by Congress to do, was to take bets on these areas where we need to make sure that we're maintaining our lead, [said Obama].” ("News Conference by the President," The White House, 10/6/2011)

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