UAW the winners, taxpayers the predictable losers. Taxpayers will lose even more on the auto bailout than previously thought, as the Treasury has just revised its estimate upward to $25 billion. This may still underestimate the losses to come—yet President Obama plans to tout the auto bailout as a key accomplishment of his Administration. ... MOREAmy Payne: Taxpayers' Auto Bailout Losses Mounting
UAW the winners, taxpayers the predictable losers. Taxpayers will lose even more on the auto bailout than previously thought, as the Treasury has just revised its estimate upward to $25 billion. This may still underestimate the losses to come—yet President Obama plans to tout the auto bailout as a key accomplishment of his Administration. ... MORE