Obama's Labor Department Approves Deal Giving Ex-Solyndra Staff $13,000 Each In Federal Aid - Solyndra - Fox Nation
Politics

November 22, 2011

Obama's Labor Department Approves Deal Giving Ex-Solyndra Staff $13,000 Each In Federal Aid

Reuters

By Sean Higgins, Investors.com

The Labor Department today announced that it had approved Trade Adjustment Assistance for the former employees of the bankrupt solar panel maker Solyndra.

That means all of the firm’s 1,100 ex-employees are eligible for federal aid packages, including job retraining and income assistance. The department has valued packages at about $13,000 a head.

Taxpayers will have to cough up yet another $14.3 million as a result of Solyndra’s bankruptcy. They are already on the hook for $528 million in federal loan guarantees to the company that are unlikely to ever be paid back.

Read more at blogs.investors.com

What do you think?


Comments

All Opinions Welcome

The Fox Nation is for those opposed to intolerance, excessive government control of our lives, and attempts to monopolize opinion or suppress freedom of thought, expression, and worship. Read more...

We invite all Americans who share these values to join us here at Fox Nation.

Subscribe to the Newsletter

Model Kelly Brook arrives on the red carpet ahead of the screening of the film "Killing Them Softly", in competition at the 65th Cannes Film Festival, May 22, 2012.

Rush Limbaugh

Organic Food and Liberal Ideology

A conservative vegetarian will eat his vegetables and leave you alone. A liberal vegetarian will eat his and then demand that you only eat vegetables, too. And this is one of the big differences between liberals and conservatives across the board

 

Apple's Cook Top-Paid US CEO in 2011: ReportApple chief executive Tim Cook topped the list of the best-paid CEOs in the US in 2011 thanks to stock options that put him more than $300 million above...

Twitter Brigade

postpolitics: Despite string of setbacks, top US general sees progress in relations with Pakistan http://t.co/2nO3NbAG

nytimes: U.S. Drone Strike Kills 10 in Pakistan, Officials Say http://t.co/wgn5Dm2B

memeorandum: Paul Fussell, RIP (Steven Hayward / Power Line) http://t.co/OUJuVt04 http://t.co/bcO7Eb2Z

theblaze: ‘Rapper’s Delight‘ Preserved as ’Cultural, Artistic and Historical Treasure’ in Library of Congress http://t.co/jZtb8tRZ via @theblaze sb

theblaze: University Study Determines Fox News Has Least-Informed National Audience Based on These Questions http://t.co/i9YGHFKK via @theblaze sb