The Final Tally: It Cost America $9.3 Billion to Save GM and Chrysler

General Motors and Chrysler are profitable, healthy businesses cranking out some of their best products in decades. And they should be—the government intervention to rescue them from bankruptcy cost American taxpayers $9.3 billion. That’s the final number from the U.S. Treasury’s Automotive Industry Financing Program, and amounts to all the money spent to float GM, Chrysler, GM’s […]

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