“The Bush and Obama administrations pumped $80 billion in taxpayer money into Chrysler and GM, with Obama guiding the companies into bankruptcy. The companies are now reporting profits, Chrysler has paid back all but $1.3 billion of its federal infusion, and the White House says the overall loss to taxpayers will be $14 billion, far less than first expected." --Associated Press
Monday, June 6, 2011
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