The House Energy and Commerce Committee approved, 29-19, the No More Solyndras Act (H.R. 6213) August 1. The legislation would phase out the Energy Department’s loan guarantee program, but allow the agency to process applications that are already in the pipeline and use its $34 billion in loan guarantee authority, paving the way for consideration of the bill on the House floor in September. Committee Democrats argued that the program should be reformed instead of eliminated.