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Jane Richey / March 14, 2012

Energy Secretary Grilled on Obama Donors Apparent Preferential Treatment

Sen. Rand Paul (R-Ky.) grilled Energy Secretary Steven Chu Tuesday about the political nature of the administration making loans to alternative energy companies such as Solyndra.

Paul cited billionaire and Obama supporter George Kaiser’s involvement with the failed solar company.

“Are you concerned about the propriety of giving money, $500 million, to a billionaire [Kaiser] you know and then sort of changing the rules some so he gets to — maybe gets a better deal than the taxpayers do?” Paul asked Chu at a hearing conducted by the Senate Energy and Natural Resources Committee.

Chu denied that any preference was given to Kaiser.

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Filed Under: Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets Tagged With: alternative energy, Energy Secretary Chu, Senate Energy and Natural Resources Committee, Senator Rand Paul, Solyndra

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