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Revenue. now the president puts an offer to speaker boehner on the table in december, even though the speaker walked away from the negotiations he kept that offer on. we ve got to begin to cut spending and we promise the american people we would do it a year and a half ago and we re going to do it. reporter: she is to head the office of management and budget. she is currently head of the wal-mart foundation, jon. jon: what about the other two nominees, what can you tell us? reporter: each will head an agency that raised controversy in the obama administration. mit professor ernest monise is the choice it head the energy department which is criticized for approving a government-backed loan for solar panel maker solyndra and doubling down to provide more money before solyndra went bankrupt. gina mccarthy is the epa assistant administrator for air and radiation. she will take over the administration under intense skrut from republicans who are afraid of greenhouse gas ....
Root and putting people to work in every corner of the country. i had a friend who said, you just don t pick the winners and pick the losers. all right? this is not the policy you want to have if you want america energy secure. a123 president obama was touting last year is another loser. the electric car battery-maker and recipient of a $249 million taxpayer-funded grant filed for chapter 11 this week. it joins the bankrupt and government-backed solar panel-maker solyndra as a result of president obama s failed energy policy. why did a123 fail? because you can t throw money at an industry and expect it to succeed. the technology has to be there. explain that. sure. ....
Root and putting people to work in every corner of the country. i had a friend who said, you just don t pick the winners and losers, you wick th pick the lo. all right? this is not the policy you want to have if you want america energy secure. a123 president obama was touting last year is another loser. the electric car battery-maker and recipient of a $249 million taxpayer-funded grant filed for chapter 11 this week. it joins the bankrupt and government-backed solar panel-maker solyndra as a result of president obama s failed energy policy. why did a123 fail? because you can t throw money at an industry and expect it to succeed. the technology has to be there. explain that. sure. ....
Gas under our feet. that can last america nearly 100 years. and developing it could power our cars and our homes and our factories in a cleaner and cheaper way. we it turns out are the saudi arabia natural gas. reporter: he said getting the goods has to be done in a way not to hurt the environment. shepard: what do republicans say about the alternative energy push? guest: they thing the focus led to bad decisions and not just the half billion bet the government lost on the solar panel maker solyndra but the decision to at least suspend the keystone xl pipeline carrying canadian oil shows a bias against fossil fuel and question the decision to have the navy make one of the largest clean energy riches in history at a time when the pentagon is being told to cut its budget. and they say the whole week s trip is basically more about politics than policy, and that ....
Had substantial doubt about solyndra s ability to continue as a going concern ? were you aware of that? i m aware of it now. doesn t sound most promising. that s energy secretary steven chu answering questions at a congressional hearing about failed sewer panel-maker solyndra, and the decision to loan it half a billion dollars before it went belly up. judy, what do you make of the answers and the coverage it got? it took a long time to get the energy secretary before a congressional panel. there are now three investigations ongoing, white house, justice department, department of energy into this loan. it is a perfectly legitimate story. it raises all kinds of questions, not i think about whether or not the government should be offering incentives for energy competitive alternatives to oil, that i think many, many people would support, but whether or not there was political favoritism involved, and that s what the media is investigating, and ....