President recovered $200 Million dollars from an Obama-Era solar project that failed.
A TERRIBLE Look for Joe Biden:
“Trump Admin Recovers $200 Million From Obama-Era Solar Boondoggle” https://t.co/FRfw8bO27n
â€” Steve Guest (@SteveGuest) July 30, 2020
The Department of Energy on Thursday announced that it had recovered some $200 million in taxpayer dollars loaned to a failed solar energy startup by the Obama administration.
That money represents just part of the $737 million that the Department of Energy previously issued to Tonopah Solar Energy in 2011; $424 million was still outstanding at the time the settlement was reached. The deal still requires the approval of a U.S. bankruptcy court to proceed.
“President Trump will always stand with the hardworking taxpayers of America,” a senior administration official told theÂ Washington Free Beacon, “and today’s massive $200 million settlement agreement by the Department of Energy secures taxpayer money that was squandered by the previous administration’s failed energy pet projects.”
You would think that this would be bigger news…
Of course, the Mainstream Media is covering this up…
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