Federal and state officials were “overwhelmed” by the goals of the stimulus law.
The Obama administration’s goal of stimulating the economy with “shovel-ready” energy projects was unrealistic, the Energy Department’s internal watchdog said.
In testimony before a panel of the House Oversight and Government Reform Committee, DOE Inspector General Gregory Friedman said the department faced a series of logistical hurdles as it worked to dole out $35.2 billion in Recovery Act money for projects ranging from home weatherization to environmental cleanup.
Republicans pounced on Friedman’s testimony to bolster their longstanding argument that the stimulus was a failure. They pointed to the recent collapse of California solar firm Solyndra, which received a $535 million loan guarantee through a program funded under the stimulus law.
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Source: Andrew Restuccia | The Hill
Image: U.S. Department of Energy