Steve Stockman: “We have seen, as you get on the plane you fly into San Jose, Madam Chairman, as you fly and drive south, you will see a…”

“We have seen, as you get on the plane you fly into San Jose, Madam Chairman, as you fly and drive south, you will see a huge building which was built with taxpayer money. This building is known as Solyndra, and the assets that were contained within were sold to the Chinese for 10 cents on a dollar. So our money, our taxpayer dollars, went to a program which failed. Again and again, you see the Energy Department investing and calling winners and losers; and I, for one, want to see a stop to the money that flows from the taxpayers into failed, nonproductive industries. This amendment simply eliminates the funding for a program which has already been demonstrated as an embarrassment, not just to our government, but actually to the administration. I think that, quite frankly, it is a simple amendment, and it would do great justice to the American taxpayers and would do great justice to America if we stop funding the Chinese technology through ``gimme'' loan programs and selling our assets at 10 cents on a dollar. Madam Chair, I reserve the balance of my time.”