Obama: Auto Industry Bailout To Be Repaid To Taxpayers
http://images.thecarconnection.com/t...00177007_t.gif One year ago, America's automakers were facing one of the worst sales slumps to ever hit the industry, the effects of which even caused two of them to file for bankruptcy. In response, the government attempted to bailout struggling firms in the auto industry by providing them with cheap loans funded by taxpayers. Americans were mixed about the...
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I notice it does not spell out how the tax payers will be paid back! :humm:
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