"Concerns raised over potential abuse and oversight issues in Biden's $400 billion green energy loan program"
The U.S. Department of Energy's Inspector General, Teri Donaldson, has warned that the Biden administration's $400 billion green energy loan program is at risk of abuse and lacks proper management. Donaldson expressed concerns about the potential for federal green energy awards to be given to entities with foreign entanglements that may go undetected. She also highlighted the lack of clear procedures and criteria for vetting projects. The Inspector General's warning follows a joint report by Republican lawmakers, which criticized the Inflation Reduction Act for increasing national debt, benefiting Chinese industry, and lacking safeguards to prevent misuse of taxpayer dollars.