The GM Bailout: Paid Back in Full
The investment of U.S. and Canadian tax dollars worked.
Today, General Motors is announcing that it has made a payment of $5.8 billion to the U.S. Treasury and Export Development Canada. We're paying back—in full, with interest, years ahead of schedule—loans made to help fund the new GM.
GM's CEO rejects repaying Feds for bailout losses
The General Motors bailout may have cost the government $10 billion, but GM CEO Dan Akerson rejects any suggestion that the company should compensate for the losses
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