Also, Where Did the First $17.4 Billion Go?
Sen. Carl Levin (D-Mich.) just told reporters that he doesn’t know. That cash, gifted to General Motors ($13.4 billion) and Chrysler ($4 billion) in December
Jul 31, 202076.3K Shares1.3M Views
Sen. Carl Levin (D-Mich.) just told reporters that he doesn’t know.
That cash, giftedto General Motors ($13.4 billion) and Chrysler ($4 billion) in December was intended to keep the companies from going bankrupt before April, when they would require more.
Asked today by CNN’s Dana Bash where the money went, Levin said, “We have not been briefed on that.”
One question: Is it strange that one of Washington’s loudest cheerleaders for additional Detroit bailout funding would have no clue where the money is going?
Rhyley Carney
Reviewer
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