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Get ready for a lot of Fake Green stuff (web.archive.org)

posted 2 years ago by AlfredicEnglishRules 2 years ago by AlfredicEnglishRules +13 / -0

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– Auntie_Mildred 4 points 2 years ago +4 / -0

Backers of the program have argued that despite defaults like Solyndra, the program has been sustainable overall. Of the $31 billion the department has disbursed, about 40 percent has been repaid, and interest payments in the fiscal year that ended on Sept. 30, 2021, totaled $533 million — more money than the failed Solyndra loan.

But the interest payments ($.5 billion) don't cover the other $16.6 billion that hasn't be received yet. They just hope that the other 60% doesn't default?

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