Steven Chu: “Investment in energy R&D will drive innovation across the economy and maintain American competitiveness.”

If I look at other countries and how they are borrowing from our playbook--we have a long history of funding our research and development through our national labs, through our universities, and even in some companies.

The American taxpayer has every right to expect that there is a reasonable chance for repayment of the loans we give out.

The loans we give are for American jobs, and we are very clear about that.

They've made this Congress the most 'Do Nothing' Congress in history.