John Dingell

I hope you also recognize that the Affordable Care Act is assisting CMS in beginning the important process towards these vital reforms.

I believe that is a desirable thing, is it not?

There has been no showing of wrongdoing by anybody in this administration due to the Solyndra loan loss.

The American people elected us to govern, and on something like this it is our obligation to find consensus.

The key decisions on the loan guarantees were made purely on the merits.

Now, I am a strong proponent of oversight, and I think that we do need oversight.

We need to act to reduce carbon pollution; and there are a range of options for doing that.

It is a political statement rather than a serious policy proposal.

I am sorry Solyndra happened. We lost $500 million.

the committee, under the leadership of my Republican colleagues, has been blundering around, crashing into walls, finding nothing.

Denying the science and refusing to recognize the laws of nature is completely irresponsible.

I still think it is a good idea.

This is a hearing for politics. That is all it is.

Instead, the DOE and Solyndra oversight have been designed to make cheap political points in an election year.

I see none of that happening today.

The loss of taxpayer dollars in the Solyndra bankruptcy is a serious problem.

this is a prodigious waste of time, waste of opportunity, loss of opportunity for the United States to really become competitive.

It is an essential tool in avoiding bankruptcy and avoiding seeing the company go under.

Will this legislation, then, jeopardize future or current DOE loans?

So let me just ask, if one of these companies to which you have a loan guarantee gets into difficulty, if this legislation goes into place, you wouldn't have the capacity to negotiate a restructuring of the entity in such way as might make…

I join my colleagues on both side of the aisle in frustration and anger on the failure of Solyndra.

Now, in your time as Acting Director of the Loan Programs Office, have you received any political pressure from the White House to approve a loan your office deemed not qualified for a loan?

I find this piece of legislation to be a no-brainer. It is more than a two-fer.

This is so much more beneficial today and so much better, and they are dealing with new things that we never had to deal with.

We could overcomplicate what we are doing here today by drafting in all kinds of requirements and standards.