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<blockquote data-quote="Babagounj" data-source="post: 933248" data-attributes="member: 12952">[h=1]<a href="http://biggovernment.com/wthuston/2012/01/28/after-billions-in-federal-bailouts-now-gm-lobbying-states-for-more/" target="_blank">After Billions in Federal Bailouts, Now GM Lobbying States for More?</a>[/h]How much bailing out does one company need? After receiving some $50&nbsp; billion in tax dollars from us courtesy of Obama’s “cash stash,” GM is&nbsp; claiming success with a “big profit” with last year’s third quarter report, and in his recent State of the Union Speech, President <a href="http://www.politifact.com/truth-o-meter/statements/2012/jan/25/barack-obama/Barack-Obama-bailout-GM-number-one/" target="_blank">Obama claimed</a>&nbsp; that GM was “back on top as the world’s number one automaker.” But true&nbsp; or not, if all is coming up roses for GM, why is the company now&nbsp; lobbying the individual states for mini bailouts?GM has received more than $1.5 billion from Michigan, $7.5 million in&nbsp; tax incentives from Kentucky, over $10 million from Texas, and over $2&nbsp; million from Indiana. Ohio and Maryland have given to the GM bailout&nbsp; fund, too, with tax incentives and other giveaways.</blockquote>

[QUOTE="Babagounj, post: 933248, member: 12952"] [h=1][URL="http://biggovernment.com/wthuston/2012/01/28/after-billions-in-federal-bailouts-now-gm-lobbying-states-for-more/"]After Billions in Federal Bailouts, Now GM Lobbying States for More?[/URL][/h]How much bailing out does one company need? After receiving some $50 billion in tax dollars from us courtesy of Obama’s “cash stash,” GM is claiming success with a “big profit” with last year’s third quarter report, and in his recent State of the Union Speech, President [URL="http://www.politifact.com/truth-o-meter/statements/2012/jan/25/barack-obama/Barack-Obama-bailout-GM-number-one/"]Obama claimed[/URL] that GM was “back on top as the world’s number one automaker.” But true or not, if all is coming up roses for GM, why is the company now lobbying the individual states for mini bailouts? GM has received more than $1.5 billion from Michigan, $7.5 million in tax incentives from Kentucky, over $10 million from Texas, and over $2 million from Indiana. Ohio and Maryland have given to the GM bailout fund, too, with tax incentives and other giveaways. [/QUOTE]

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