"The final decisions on Solyndra were mine, and I made them with the best interest of the taxpayer in mind," Energy Secretary Steven Chu plans to tell Congress today, as a House committee digs into the controversial $528 million in federal loans made to the now-bankrupt solar energy company.
The agency also said that the "4-week moving average" of claims — a way of gauging the trend over a slightly longer period of time — was "396,750, a decrease of 4,000 from the previous week's revised average of 400,750."
As the congressional "supercommittee" runs out of time to reach a deficit-cutting deal, the word "sequestration" is being spoken more and more in Washington.
Depending upon the speaker's political views, the word can be spit out as a curse word, or intoned as a blessing. But love it or hate it, "sequestration" may turn out to be a word that dramatically changes the world's most powerful military, and reshapes domestic programs for public health, education, the environment and much more.
Supercommittee member, Senate Finance Committee Chairman Max Baucus, D-Mont., third from left, holds his hand out at a hearing Oct. 26. From left are, Supercommittee Co-Chair Sen. Patty Murray, D-Wash., Sen. Jon Kyl, R-Ariz., Baucus, Sen. Rob Portman, R-Ohio, and Sen. John Kerry, D-Mass.