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GOP, Dems spar again over loans as Chu testifies before House panel

For all the talk over possible "smoking guns" that might show some wrongdoing on the part of the Obama administration on Solyndra or another Department of Energy loan, one House Republican acknowledged yesterday that multiple GOP probes on the subject are in some ways a play for votes on Election Day. In an interview after as he left yet another hearing in which Energy Secretary Steven Chu testified about the controversial loan program for clean energy companies, Rep. Jim Jordan of Ohio said that -- smoking gun or not -- Republicans are finding value in drawing attention to the more controversial aspects of the loan guarantee program.

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