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Treasury ups the ante in government losses at GM and Chrysler

According to the Detroit News yesterday, the Treasury Department increased its estimate of government losses in the $85 billion auto bailout by another $170 million.

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Obama and the auto industry: It’s not your money (cont.)

Too much. This is from Friday’s ABC World News Tonight and another episode in the continuing education of Congress and the mainstream media. One more time: It’s out money, it’s our money, it’s our money. Read more