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  • China's Wanxiang Poised to Take 80% Stake in DOE Grant Recipient A123

    A123, the U.S. manufacturer of green-tech batteries that received millions in government aid, today announced a “memorandum of understanding” between it and Chinese auto giant Wanxiang. It totals up to $450 million in a bailout of debt purchasing and other cash infusions that would grant Wanxiang 80 percent controlling interest … More

    Abound Solar Collapse Could Leave Taxpayers on the Hook for Shortfall

    Abound Solar’s June bankruptcy could leave the residents of Weld County, CO, on the hook if court proceedings do not deliver the projected business personal property tax receipts anticipated before the company’s demise. The Greeley Tribune reports: Abound owes more than $950,000 in property taxes this year and will owe … More

    Amtrak Records $834 Million Loss on Food Sales Over Past Decade

    Amtrak spent $1.70 for every dollar it earned on food and beverage sales last year, leading to a loss of $84.5 million on the service, according to information provided to the House Transportation and Infrastructure Committee this week. Committee Chairman John Mica (R-FL) blasted the “inefficient and wasteful” record of … More

    Toll-Free Entitlements: States Make Food-Stamp Benefits Easily Available

    A new Government Accountability Office report reveals that in more than 40 states a growing number of households are able to collect food-stamp benefits simply by receiving a government-issued brochure or accessing a toll-free number. For example, in states like Alabama, Hawaii and Montana, a brochure automatically triggers eligibility in … More

    WATCH LIVE: Stephen K. Bannon, Kate Obenshain on 'The Conservatives'

    To counter the decades-long pursuit of “fairness” fostered by the nation’s left-leaning educators, producers of a new film believe that the educational process should be a “no-holds-barred” affair of thoughtful exchange, not one-sided dogma that stigmatizes success and prosperity. The Young America’s Foundation has teamed up with director Stephen K. … More

    Abound Solar: Doomed to Fail Because of Election-Year Politics, Investor Says

    One of Abound Solar’s venture capital investors blamed election-year political games for the collapse of the Colorado-based thin film solar panel manufacturer, according to a new interview. John Hill, discussing the demise of a company and technology he invested in both financially and emotionally, acknowledged that the company’s troubles could … More

    DOE Sent Millions to Solar Firm That Lacked 'Economically Viable' Product

    Amonix, the solar panel manufacturer whose Las Vegas plant ceased operations in May, managed to secure millions in federal grants and potential tax breaks even though its product had quality problems and was never really economically viable, according to sources. The politically connected company had the backing of Senate Majority … More

    VIDEO: Rep. Larry Bucshon and Phyllis Schlafly at Bloggers Briefing

    Before he was elected to represent Indiana’s 8th congressional district, freshman Republican Rep. Larry Bucshon earned his medical degree and specialized in cardiothoracic (heart) surgery for more than a decade. His experience as a doctor gives him a clear insight into the impact of the Affordable Care Act legislation upheld … More

    Great Green Fleece: Air Force Spends $59 Per Gallon for Biofuel

    The U.S. Air Force spent $59 per gallon on biofuels for a demonstration last month intended to show the promise of the alternative energy source. That’s more than double what the U.S. Navy spent as part of its so-called Great Green Fleet demonstration. The total cost for the 11,000 gallons of … More

    Solar Company Leaders Blame China, Not Loan Process, for Bankruptcy

    Chinese government subsidies—as much as $35 billion—were responsible for the downfall of Abound Solar, not a flawed federal government loan-approval process, according to testimony delivered before the House Oversight and Government Reform Committee today. Executives from the bankrupt solar panel manufacturer pointed to predatory pricing by Chinese solar companies underwritten … More