Ed Whitfield: “Now, I would be the first to say that there's still $34 billion left. We have 50 companies that have presented…”

“Now, I would be the first to say that there's still $34 billion left. We have 50 companies that have presented applications to the Department of Energy. They've spent a lot of money. So to just cut it off right now would be basically unfair. I would like to end it right now. But it would be unfair. But let me just finish with this note. The Department of Energy's own Web site said that because of these loan guarantee programs, 1,175 new jobs were created in America in green energy. Guess what? Each job cost $12.8 million. Now, if you're a hardworking taxpayer out there, I don't think you want your taxpayer dollars going to risky ventures in which private capitalists get their money back before anyone else does and for every job created it costs $12.8 million. Let's pass this legislation.”