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Boehner: GM Bailout Hurt ‘Tens of Thousands’ of Americans

Submitted by bobbyw24 on Sat, 11/20/2010 - 11:47

Economy

(CNSNews.com) - On the same day that President Obama made comments suggesting that the federal government’s 2009 bailout of General Motors was on the path to being a success, House Republican Leader John Boehner (R-Ohio) said that the bailout had been an example of government overreach and had hurt many Americans.

“The government’s reaction to General Motors and the bailout from the government I think could have been handled in a more orderly way from a bankruptcy judge, without the heavy hand of the federal government in the midst of it,” Boehner said in a Thursday press conference at the Capitol.

http://cnsnews.com/news/article/boehner-gm-bailout-hurt-tens...