How did GM pay off its bailout loans?

With more government money.

(By Ed Morrissey; Hot Air) - The backers of the bailouts to General Motors cried with triumph this week when the automaker announced that they had repaid their bailout loans ahead of schedule. That amounted to proof of the wisdom of government intervention, the argument went, and wondered aloud why bailout critics didn’t acknowledge their errors. Perhaps it’s because the government essentially got paid off with even more government money...



(Fox Business Network) — FBNs Liz MacDonald on the automaker paying back government loans with other taxpayer funds.