Sunday, September 09, 2012

Solyndra: The Gift That Keeps On Taking

Solyndra is still in your pocket.
Bankrupt solar panel maker Solyndra said Friday it could get $23 million in additional tax breaks, a development that angered Republicans who have said the firm got a federal loan guarantee as a political favor. 

Reuters reported that a bankruptcy judge said on Friday that Solyndra’s creditors could vote on the bankruptcy plan with the additional tax breaks. A final decision would come Oct. 17 -- just weeks before the Nov. 6 election.

Solyndra already had disclosed it could be eligible for $341 million-worth of tax breaks.

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