VB RANCH
Well-known member
http://blog.heritage.org/2012/06/13/morning-bell-auto-bailout-was-really-just-a-uaw-bailout/?roi=echo3-12277594360-8885256-
We estimate that the Administration redistributed $26.5 billion more to the UAW than it would have received had it been treated as it usually would in bankruptcy proceedings. Taxpayers lost between $20 billion and $23 billion on the auto programs.