- Apr 24, 2010
Report: GOP argues GM loan payoff just a TARP money shuffle
Meanwhile, Representative Issa is looking at the new fuel economy standards that went into effect last month. Documents about the negotiations leading up to the 35.5 mpg standard have been requested from GM, Ford and Chrysler, as well as Toyota, Honda, Nissan, Suzuki, Volkswagen and BMW. Issa contends that the standard only passed because GM and Chrysler were put in a hammerlock and forced to agree in exchange for bailouts.
[Source: Detroit Free Press]