big 3 bailout

Gov’t To Lose $14B Of Auto Bailout Funds

The Obama administration says the government will lose less than 20 percent of the $80 billion used to bail out the U.S. automobile industry.

WWJ Newsradio 950–06/01/2011

Bailout Clipped Taxpayers For $25B

Congress’ independent budget agency says the cost to taxpayers of the contentious $700 billion financial rescue has dwindled down to $25 billion.


Stock Market Takes 200 Point Dive

The Dow Jones industrial average lost 200 points, dipping below 11,000 for the first time in nearly a month.


Report: U.S. Bailout Program Helps Foreign Countries

The $700 billion U.S. bailout program launched in response to the global economic meltdown had a far greater impact overseas than other countries’ financial rescue plans did on the U.S., according to a new report […]


Obama: U.S. Auto Industry On Rebound

Speaking in Detroit on Friday, President Barack Obama heralded the recent turnaround for U.S. automakers, arguing that thousands of jobs and increased production vindicate his unpopular decision to bailout the industry.


Chrysler Keeps Plant Open, Adds 900 Jobs

Chrysler said Friday that it will add nearly 900 jobs at a factory in Metro Detroit and spare it from a planned closure. The decision is a show of optimism that consumers will embrace the […]


Obama To Sell Auto Bailout Good News In Michigan

President Barack Obama is viciting the heart of the U.S. auto industry to push an important election-year claim: his administration’s unpopular auto industry bailout has turned into an economic good-news story.


Obama: We’ll Get Back Money From Auto Bailout

President Barack Obama says the government will recover all the taxpayer money his administration used to bail out the auto industry last year.