Billions of dollars down the drain – Taxpayers forced to pick up the tab
We taxpayers have forked over billions of dollars in outright grants, loans and tax benefits to both GM and consumers to build and (try to) sell a vehicle for which there is no demand.
In this video, we learn that not only are sales going to miss their target by more than 40% but, a large portion of the sales are to state and local municipalities that used stimulus dollars to finance the purchase.
Taxpayers screwed again.
You can also view the video here: