"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."
Instead of subsidizing public golf courses with taxpayer dollars, a council member in Lexington says some of that service should be provided by private facilities. He calls such competition costly and unfair, and says the city should shut down one of its finest courses. Public golf in Lexington has lost money for some time. The number of golfers has dropped significantly while operational costs go up. In response, Council member Doug Martin suggests closing down Kearny Hill Links at the end of December.
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.