Make no new energy loans or loan guarantees
What the document says“Should not back any new loans or loan guarantees.”
The chapter says taxpayers should not be backing risky business ventures or politically preferred commercial enterprises, and asks that the department also seek to sunset its loan authority through Congress and eventually eliminate the Loan Programs Office.
What the document actually says“Should not back any new loans or loan guarantees.”
That sentence, in plain words
Do not back any new loans. Do not guarantee any either.
What this is about
The department lends money for energy projects. It also promises to cover some private loans. The book says it should stop doing both.
No action is recorded against this proposal. That is not evidence that none has been taken. See what the tracker does not yet cover.