The Hill's Ben Geman answered questions about the Energy Department's loan guarantee program and the controversy over the now-bankrupt solar company Solyndra on C-SPAN's "Washington Journal" Monday.
GOP lawmakers have accused the Obama administration of rushing through a $535 million loan guarantee for the company without providing thorough vetting. Solyndra filed for bankruptcy in early September.
Republicans have sought to show that President Obama’s donors influenced the loan guarantee.
One caller asked Geman to explain what will happen to Solyndra's loan now that the company has declared bankruptcy.
"The short answer is, the taxpayer is still on the hook. How much recovery there ultimately may be is going to be dependent on the bankruptcy proceeding and if anything can be salvaged from that company," explained Geman.
For more of Ben Geman's and The Hill's energy and environmental reporting, including the latest on Solyndra, click here.
