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The Latest Obama Lie Revealed

Taxpayers will lose $10.5 billion

December 9, 2013

Treasury Secretary Jacob Lew announced Tuesday that the United States has sold it’s remaining shares in General Motors.

Ironically, in 2010 President Obama stated on The View, "we are going to get all of the money back that we invested in those car companies."

According to reports the United States government will end up losing $10.5 billion from its bailout of GM.

Published under: General Motors