Posts Tagged ‘General Motors’

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Every New GM Vehicle Costs Taxpayers $12,200?

November 20, 2009

The National Taxpayers Union (NTU) has just released a study announcing that each new GM car costs taxpayers $12,200 and each new Chrysler costs taxpayers $7,600.  The report made several assumptions to determine this cost.

Jalopnik.com, a well-known automotive blog provides analysis on this report and trys to debunk some of its conclusions.  Only time will tell how many cars GM and Chrysler will sell and IF they will ever repay the TARP funds.

Your tax dollars at work!

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Government Motors

September 10, 2009

HPIM2006I was driving to Columbus, OH today and sat behind a late-model Chevy minivan with government plates.  Not two miles later I went by a truck that looked like it was hauling crushed cars from the Cash for Clunkers program.  That got me thinking…why not have government employees drive the clunkers?  

According to an article by the the Huffington Report, the US government vehicle fleet includes over 642,000 cars and costs taxpayers $3.4 BILLION per year!  I wonder how much less it would cost to keep all those clunkers on the road?  Could it be done for less than $5,295 per vehicle per year? 

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