Free Republic 1st Qtr 2026 Fundraising Target: $81,000 Receipts & Pledges to-date: $15,463
19%  
Woo hoo!! And now only $737 to reach 20%!! Thank you all very much!! God bless.

Keyword: taxdollarstheft

Brevity: Headers | « Text »
  • Audit: Taxpayers lose $61B on AIG, auto bailouts

    12/09/2009 4:15:50 PM PST · by Red in Blue PA · 13 replies · 344+ views
    Yahoo ^ | 12/9/2009 | Staff
    WASHINGTON – The Treasury Department is acknowledging for the first time that it lost $61 billion on two key programs designed to stabilize the economy after the largest financial crisis in decades. The government is losing more than $30 billion on lifelines extended to insurance giant American International Group Inc., according to Treasury data released Wednesday in an audit by the Government Accountability Office. It also is losing more than $30 billion on rescues of struggling automakers Chrysler and General Motors.