But, not according to the head bailout artist, Barack Obama.
Let’s see now: the March 16 Congressional Oversight report, estimates taxpayers will be out of $25 billion, during its bankruptcy, GM got a $45 billion tax break and a February piece on AutoBlog also confirms that GM will also get a $14 billion dollar domestic tax break.
That adds up to $84B.
Now I have a question for Congress: How much spending are you cutting from here on out, hhhmmm ?????