A new report [full PDF here] from the Government Accountability Office tears into the Department of Energy’s Advanced Technology Vehicle Manuacturing Loan (ATVML) program, the $25b “retooling loan” package that was the subject of TTAC’s first-ever Bailout Watch. Although the loans represent about a third of the $25 billion authorized by law, the program has
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GAO Rips DOE Fuel-Efficiency Loan Program
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