GM has just announced their biggest first-quarter loss since 1992 at $1.1 billion and a report from financial analysts on Friday has outlined a restructuring for the ailing company. The report called for GM to eliminate 20,000 to 30,000 jobs in North America and close 4 plants. It also outlined GM dropping at least one brand (Buick was picked to be sacrificed) and a restructuring the likes as which we have never seen. The result would be a smaller but stronger company. Here's a hint to the U.S. government: If the U.S. is still going to be competitive in manufacturing, something has to be done to stem healthcare costs, which is a huge hurdle all American companies are battling with, not just GM.