Taxpayers to Lose $14B on the Auto Bailout Says Administratioin
source: http://news.yahoo.com/s/ap/20110601/ap_on_re_us/us_obama_autos_2
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- samthesixth
- added this
Contrary to all the rosy reports about the car companies paying back all of the money, the Obama administration reveals that the taxpayer will lose about $14B on the auto bailouts.
http://news.yahoo.com/s/ap/20110601/ap_on_re_us/us_obama_autos_2
http://news.yahoo.com/s/ap/20110601/ap_on_re_us/us_obama_autos_2
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- tags:
- Economy, Bailout, Automotive
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lazloman
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This ain't good. This has been touted as a success of the stimulus.
- 12 months ago
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lazloman
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samthesixth
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lazloman:
Ye sit has. I was bummed to read the article and see how the math worked out. Govt 1, Taxpayers 0.
- 12 months ago
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samthesixth
