Detailed text transcripts for TV channel - FOXNEWS - 20120516:15:09:00
Democrats in congress defend loan guaranty program. let's listen. >> investing in energy independence is critical to america's national security, its economic growth and future job creation. if we fail to support these emerging renewable energy technologies our country will fall behind countries like germany and china. >> reporter: energy company officials testified today at this hearing the government investments have given energy a needed boost. jenna. jenna: steve centanni in washington today. steve, thank you. jon: a new showdown on spending as the national debt spirals continually higher....
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