Ex-Solyndra employees eligible to receive $14.3 million in Trade Adjustment Assistance funds

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Ex-Solyndra employees eligible to receive $14.3 million in Trade Adjustment Assistance funds

The Labor Department has approved Trade Adjustment Assistance for the former employees of bankrupt solar panel maker Solyndra. All the firm’s 1,100 ex-employees are now eligible for federal aid packages with income assistance, costing about $13,000 per person. This adds another $14.3 million to the $528 million in federal loan guarantees that taxpayers are already stuck with. Trade Adjustment Assistance is supposed to help American workers who lost jobs due to unfair trade practices of foreign countries.

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URL: http://www.sfexaminer.com/opinion/dim-bulb/2011/11/ex-solyndra-employees-eligible-receive-143-million-trade-adjustment-assista