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Obama.JPEG-08171.jpg

President Barack Obama speaks in the Oval Office of the White House in Washington, Thursday, April 30, 2015, before signing bill S. 535 Energy Efficiency Improvement Act of 2015. (AP Photo/Pablo Martinez Monsivais) ** FILE **

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President Barack Obama speaks in the Oval Office of the White House in Washington, Thursday, April 30, 2015, before signing bill S. 535 Energy Efficiency Improvement Act of 2015. (AP Photo/Pablo Martinez Monsivais) **FILE**

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Obama.JPEG-0bbbc.jpg

President Barack Obama walks to the presidential limousines after stepping off Marine One at Walter Reed National Military Medical Center in Bethesda, Md., Wednesday, April 29, 2015, for a visit with wounded military personnel. (AP Photo/Pablo Martinez Monsivais)

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President Barack Obama rides in the presidential limousines at Walter Reed National Military Medical Center in Bethesda, Md., Wednesday, April 29, 2015, for a visit with wounded military personnel. (AP Photo/Pablo Martinez Monsivais)

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Obama Teacher of the Year.JPEG-09093.jpg

President Barack Obama takes a walk along Pennsylvania Avenue in Washington, Wednesday, April 29, 2015, with 2015 National Teacher of the Year Shanna Peeples of Amarillo, Texas, following an event to honor the 2015 National Teacher of the Year and finalists in the Rose Garden. (AP Photo/Susan Walsh)

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Obama Teacher Of The Year.JPEG-0c3d1.jpg

President Barack Obama presents an award to the National Teacher of the Year Shanna Peeples of Amarillo, Texas during an event to honor the teachers of the year, Wednesday, April 29, 2015, in the Rose Garden of the White House in Washington. (AP Photo/Evan Vucci)

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President Barack Obama raise a cup of sake as he offers a toast as he and first lady Michelle Obama host Japanese Prime Minister Shinzo Abe and his wife Akie Abe at the State Dinner at the White House in Washington, Tuesday, April 28, 2015. (AP Photo/Pablo Martinez Monsivais)

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Obama US Japan.JPEG-0b7f4.jpg

President Barack Obama raise a cup of sake as he offers a toast as he and first lady Michelle Obama host Japanese Prime Minister Shinzo Abe and his wife Akie Abe at the State Dinner at the White House in Washington, Tuesday, April 28, 2015. (AP Photo/Pablo Martinez Monsivais)

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Obama US Japan.JPEG-04599.jpg

Japanese Prime Minister Shinzo Abe listens as President Barack Obama speaks during their joint news conference in the Rose Garden of the White House in Washington, Tuesday, April 28, 2015. (AP Photo/Andrew Harnik)

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Obama US Japan.JPEG-01b36.jpg

President Barack Obama speaks during a news conference with Japanese Prime Minister Shinzo Abe, Tuesday, April 28, 2015, in the Rose Garden of the White House in Washington. (AP Photo/Susan Walsh)

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Obama US Japan.JPEG-0b026.jpg

Secretary of State John Kerry, sitting next to National Security Adviser Susan Rice, yawns during a joint news conference between President Barack Obama and Japanese Prime Minister Shinzo Abe , Tuesday, April 28, 2015,in the Rose Garden of the White House in Washington. (AP Photo/Susan Walsh)

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Obama US Japan.JPEG-03c28.jpg

President Barack Obama speaks during a joint news conference with Japanese Prime Minister Shinzo Abe, Tuesday, April 28, 2015, in the Rose Garden of the White House in Washington. (AP Photo/Susan Walsh)

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Obama US Japan.JPEG-0c841.jpg

President Barack Obama speaks during a news conference with Japanese Prime Minister Shinzo Abe, Tuesday, April 28, 2015, in the Rose Garden of the White House in Washington. (AP Photo/Susan Walsh)

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Obama Suspect Dies Baltimore .JPEG-02ee8.jpg

President Barack Obama speaks about recent unrest in Baltimore during his joint news conference with Japanese Prime Minister Shinzo Abe, Tuesday, April 28, 2015, in the Rose Garden of the White House in Washington. (AP Photo/Jacquelyn Martin)

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Obama Suspect Dies Baltimore .JPEG-04a6b.jpg

President Barack Obama speaks about recent unrest in Baltimore during his joint news conference with Japanese Prime Minister Shinzo Abe, Tuesday, April 28, 2015, in the Rose Garden of the White House in Washington. (AP Photo/Jacquelyn Martin)

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Obama US Japan.JPEG-0c5cf.jpg

President Barack Obama Japanese Prime Minister Shinzo Abe participate in a joint news conference in the Rose Garden of the White House in Washington, Tuesday, April 28, 2015. (AP Photo/Susan Walsh)

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Obama US Japan.JPEG-069e3.jpg

President Barack Obama and Japanese Prime Minister Shinzo Abe review the troops on the South Lawn of the White House in Washington, Tuesday, April 28, 2015, during a state arrival ceremony. (AP Photo/Andrew Harnik)

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Obama US Japan.JPEG-0c2f1.jpg

President Barack Obama listens to Japan's national anthem with Japanese Prime Minister Shinzo Abe during a state arrival ceremony, Tuesday, April 28, 2015, on the South Lawn of the White House in Washington. (AP Photo/Jacquelyn Martin)

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Nearly $1 billion in loans have already defaulted under the Energy Department program, which included the infamous Solyndra stimulus project and dozens of other green technology programs the Obama administration has approved, totaling nearly about $30 billion in taxpayer backing, the Government Accountability Office reported in its audit. (Associated Press)