WASHINGTON – The Republican National Committee (RNC) released a new web video entitled ‘No Regrets’ highlighting President Obama’s lack of regret over betting $535 million of taxpayer’s money on the failed venture Solyndra. The video features news reports to counter President Obama’s selective memory about the chain of events that left taxpayers holding the bag for Solyndra’s sweetheart government loan. The video can be viewed here: http://bit.ly/oduF61
“Yesterday President Obama said he had ‘no regrets’ about the $535 million loan that his administration gave to the now-bankrupt company Solyndra,” said RNC Chairman Reince Priebus. “But what about concern for the taxpayers who ended up on the losing end of this gamble? With no signs that the company will be able to pay back that money, the American people are stuck with the bill.
“As the President continues traveling the country to promote his second stimulus, Americans should take note: the President would rather please his liberal supporters than make wise investments with taxpayers’ money. In a time of record deficits and high unemployment, the government should not be recklessly gambling with Americans’ hard-earned dollars.”
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