Latest posts by Jesse Hathaway (see all)
- Medicaid Waivers a Path to Reform - February 22, 2018
- Here’s How State Legislators Can FINALLY Fix The National Debt In 2018 - February 14, 2018
- Alabama Welfare Work Requirements Would Benefit Everyone, Including Families - January 24, 2018
Competitive Enterprise Institute senior fellow John Berlau joins The Heartland Institute’s Budget & Tax News managing editor Jesse Hathaway to talk about the U.S. Treasury Department’s recent announcement that the “auto bailout” portion of the Troubled Asset Relief Program (TARP) had officially ended with the final repayment of taxpayer-funded loans to Ally Financial, formerly known as GMAC.
Berlau offers a brief history of the auto bailout, started by President George W. Bush and continued under President Barack Obama, and explains the consequences affecting taxpayers today.