12/18/2011

Rattner: "We Never Said Taxpayers Would Get Auto Bailout $ Back"


There are many things wrong with Rattner's claims. For example, Rattner misstated how much taxpayer money was put into bailing out the industry. His $82 billion number ignores the $45 billion in special tax benefits given GM, exemption for product liability, the Stimulus dollars, as well as "Cash for Clunkers." The Washington Post points to other problems.

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