I wouldn’t swear to it but this would seem to indicate there isn’t any amount due back to us, the taxpayers - paid in full? I wonder why the president is asking the question..
“”Chrysler entered bankruptcy on April 3, 2009. GM followed on June 1. By the end of July, they emerged from bankruptcy reorganization. GM became two separate companies and spun off GMAC into Allied Financial. Chrysler became a brand owned mostly by Fiat. The Treasury Department began selling off its ownership of GM in 2010. Chrysler paid off the last of its loans by 2011.
On December 18, 2014, the Treasury Department ended the bailout. That’s when it sold its last remaining shares of Ally Financial, formerly known as General Motors Acceptance Corporation. It had bought them for $17.2 billion to infuse cash into the failing GM subsidiary. The Treasury Department sold the shares for $19.6 billion, making a $2.4 billion profit for taxpayers.””
https://www.thebalance.com/auto-industry-bailout-gm-ford-chrysler-3305670
We bailed them out. They repaid. Now it’s their turn to step up. See?
Join the side you’re on.
I think I read something about how they paid us back (taxpayers) in our own money.