Tuesday, August 14, 2012

Senator Blutarsky: Why The Auto Bailout Is Far Costlier Than Treasury Claims

Via Instapundit, the Treasury Department now estimates taxpayers' losses on the auto bailout at $25 billion. This figure, however, relies on some optimistic assumptions; the reality is likely to be far worse.

Here's a devastating news report on subprime loans to move GM's cars:

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