Remember when Obama said we would not lose a dime on General Motors and the bailout.
Well, he was right.
We did not lose one dime.
We lost $10 BILLION DOLLARS on the sale of the GM stock the government had(if they had waited another year or so, we would have at least broke even) and another BILLION on the bailout of GMAC financing.
Trump’s pledge to cut the corporate tax rate down to 15% has been a yuuge motivator for companies to invest here again.
GM owes billions to bond holders Obama bilked.