Stories Related to Taxpayer Loss On Auto Bailout Narrows

Taxpayer loss on auto bailout narrows

WASHINGTON (Reuters) - The government expects to recover more money than anticipated from the auto bailout as it pulls back financially from the sector, but taxpayers still face billions in potential losses, the White House said.

Sections:  news   politics   business   
RELATED ARTICLES
  • Investors cheer Italy after president elected
    Hopes of an end to two months of political deadlock in Italy drove its financial markets higher on Monday after the re-election of 87-year-old Giorgio Napolitano suggested parties may be nearer a deal to form a government. More
  • Duplicative programs wasting government funds, report says
    The federal government could save tens of billions of dollars each year by trimming duplicative programs including catfish inspections by three separate agencies and 159 contracting organizations that provide foreign-language support for the Defense Department, according to a report from Congress's auditing agency. More
  • Fannie earns $17.2B in 2012, biggest annual gain
    Fannie Mae earned $17.2 billion last year, the biggest annual profit in the U.S. mortgage giant's history, helped by a record fourth quarter. More
  • S.&P. 500 Breaks Through 2007 Closing High
    The benchmark index has repeatedly come close in recent days, but has pulled back each time as investors grappled with concerns about the banking crisis in Cyprus. The benchmark index was recently trading over 1,565.15 points, up 0.2 percent, despite a report of rising claims for unemployment benefits. More
  • Cypriot banks reopen after 12 days -- but customers can only withdraw $383 each
    Banks on the tax haven of Cyprus opened Thursday for the first time in 12 days amid the island's continuing financial crisis. Strict limits on the amount of money that could be withdrawn have been imposed – people will be able to withdraw 300 euros ($383) a day and no checks will be cashed – amid fears of a run on the banks. More
BING NEWS:
  • Stephen Moore: Biden housing scheme could ignite another 2008 mortgage crisis
    Op-ed views and opinions expressed are solely those of the author. Politicians in Washington have very short memories, so they repeat the same mistakes over and over. […] ...
    06/11/2024 - 12:25 am | View Link
  • EV total loss claims soar as prices fall
    As electric vehicle prices fall, total loss claims rise. That’s the key finding of the latest report from Mitchell, a technology and information provider for the property and casualty claims and ...
    06/7/2024 - 7:22 am | View Link
  • Don't Be Surprised if Your Auto Insurance Doesn't Cover These Losses
    While auto insurance will cover many problems -- especially for those with full coverage policies -- it's not necessarily going to pay for every loss in every situation. In fact, drivers should ...
    06/5/2024 - 4:35 am | View Link
  • News updates from June 3: Netanyahu coalition slides into infighting; Ruling party’s Claudia Sheinbaum wins Mexico presidency by landslide
    Israel’s right-wing coalition clashed for a third consecutive day over a US-backed plan to end the war with Hamas, with ultranationalist finance minister Bezalel Smotrich threat ...
    06/3/2024 - 8:56 am | View Link
  • How to Cut Your Auto and Home Insurance Bills This Year
    Consumers have been battling higher prices everywhere, but rate hikes for automobile and homeowners insurance have been especially nasty. Premiums in both markets skyrocketed over the past couple of ...
    05/30/2024 - 1:00 pm | View Link
  • More

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News