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for months. The House Energy and Commerce Committee subpoenaed documents relating to the loan from the White House Office of Management and Budget. GOP Reps. Fred Upton of Michigan and Cliff Stearns of Florida issued a joint statement on Wednesday saying it was clear that Solyndra was a dubious investment. "We smelled a rat from the onset," the two lawmakers said. Shortly after the company's announcement, it became clear that the bankruptcy would serve as further ammunition to criticize an economic stimulus bill that provided seed money for solar startups -- even though officials said interest in providing Solyndra with guaranteed government loans was first sought under the Bush administration. Upton and Stearns said they would continue to seek documents that would provide more details about the Solyndra loan. "Unfortunately, Solyndra is just the latest casualty of the Obama administration's failed stimulus, emblematic of an economic policy that has not worked and will not work. We hope this informs the president ahead of his address to Congress next week," the GOP lawmakers said. When Obama, who is seeking to address Congress to unveil a new jobs plan, toured the company's facilities, he said the investment was important because more clean energy would benefit the environment, the economy and national security. "The future is here," Obama said during his visit. "We're poised to transform the ways we power our homes and our cars and our businesses. ... And we are poised to generate countless new jobs, good-paying, middle-class jobs, right here in the United States of America." In a blog posting, Energy Department spokesman Dan Leistikow said Solyndra was a once promising company that had increased sales revenue by 2,000 percent in the past three years. The $535 million loan guarantee was sought by both the Bush and Obama administrations, he said, and private investors also put more than $1 billion into Solyndra. "We have always recognized that not every one of the innovative companies supported by our loans and loan guarantees would succeed, but we can't stop investing in game-changing technologies that are key to America's leadership in the global economy," Leistikow said. Solyndra was heralded as one of the nation's bright spots of green technology innovation, creating a solar tube of sorts that could soak up sunlight from many different angles, producing energy more efficiently and using less space. The company's panels were also light and easy to install, which was meant to save up front costs. But over the past few years, other companies caught up and provided similar products at a lower cost. Brian Harrison, Solynda's president and CEO, said that raising capital became impossible. "Th
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