Monday, August 13, 2012

Treasury: U.S. to lose $25 billion on auto bailout | The Detroit News | detroitnews.com

Treasury: U.S. to lose $25 billion on auto bailout | The Detroit News | detroitnews.com: "The Treasury Department says in a new report the government expects to lose more than $25 billion on the $85 billion auto bailout. That's 15 percent higher than its previous forecast."

"The auto industry rescue helped save more than one million jobs throughout our nation's industrial heartland"

That is only $25,000/job saved -- what a steal!

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