Another attempt by the Obama administration to run out the clock on a scandal.
For more than three years, the Treasury Department has been looking into fraud committed by solar companies who received taxpayer loans from the Obama administration. But they have yet to release their findings, and Congress wants to know what the hell is going on.
Daily Caller:
Republicans senators sent a letter Monday to Treasury Inspectors General Eric Thorson and J. Russell George, asking the officials for updates regarding the agency’s investigation into solar companies that inflated the market value of their products to get more taxpayer cash.
“As you are aware, the Department recently indicated that applicants included ineligible costs or otherwise overstated the value of their solar energy investments by claiming approximately $1.3 billion in unwarranted cash grants,” Republican senators, led by Jeff Flake of Arizona and Lisa Murkowski of Alaska, wrote in a letter to Treasury officials obtained by The Daily Caller News Foundation.
The Treasury Department said it would publish its findings by June 2015, but that never happened. Republicans are once again hammering the agency for not releasing the results of a probe into whether taxpayers were fleeced for billions of dollars.
Republicans noted the amount of potential solar energy fraud was “more than two-and-a-half times the amount of the Solyndra default.”
Republicans wrote to the department in November asking for the status of their investigation into solar companies, and lawmakers are again asking for Treasury officials to handover the “final results of your investigations.”
“Based on the information available, we remain concerned that the 1603 cash grant program and the administration of the investment tax credits lack sufficient transparency, oversight and enforcement to protect taxpayers,” Murkowski and her colleagues wrote to the Treasury in November.