- Jun 8, 2009
GOP plan calls for Fed to give GM, Chrysler stock to taxpayers
CNN Money quoted Senator Alexander as saying his bill was "the fastest way to get the stock out of the hands of Washington and back into the hands of the American people who paid for it." The bill has the support of three other Republican senators, and many others on the right have voiced their disapproval over government ownership in the automotive sector. Alexander feels his bill would prevent government intervention in day-to-day business, while quickly returning the companies to the marketplace.
[Source: CNN Money]