4 questions for GM and Chrysler
General Motors and Chrysler LLC will present their latest plans to the federal government Tuesday about how they will survive for the long-term.
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Obama pushes for stimulus plan OK
President Barack Obama used his first prime-time news conference to push Congress to approve his administration’s economic stimulus plan, saying only the federal government can break the “vicious cycle” now gripping the U.S. economy.
TARP Recipients Paid Out $114 Million for Politicking Last Year
The companies that have been awarded taxpayers’ money from Congress’s bailout bill spent $77 million on lobbying and $37 million on federal campaign contributions, Center finds. The return on investment: 258,449 percent.
WASHINGTON–(This release has been corrected to reflect that Bank of America has received $45 billion, not $55 billion, from the TARP program. The [...]