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Barack Obama announces American Tax Payers will Receive Some Auto Bailout Money

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Barack Obama announces American Tax Payers will Receive Some Auto Bailout Money

Posted November 4 2009 06:32 AM by RimZ 
Filed under: Industry News, General Motors, Chrysler

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While the White House won’t guarantee that General Motors and Chrysler Group LLC will repay the full $62 billion they received in government bailouts, it said today that taxpayers will at least get “some” of the money back.


The Government Accountability Report released Monday said that automakers are “unlikely” to repay all of the government loans...


Read more at eGMcarTech.com


 

 
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