A recent report is alleging that the U.S. government spies on millions of drivers.
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The United States government has sold off its remaining stock in General Motors, revealing that the bailout of GM cost roughly $10 billion.
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The U.S. Treasury Department plans on selling its remaining shares of General Motors by the the end of the year.
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With the government shutdown in full force, the National Highway Traffic Safety Administration has stopped many of its functions that help keep motorists safe.
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As the U.S. Treasury Department looks to sell off its remaining shares of General Motors stock, its April report to Congress stated that it has sold 58.4-million shares so far this year, earning net proceeds of $1.6 billion.
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However, state anti-tax activists in Washington, say that the proposal is not a fee but a tax and should be subjected to a two thirds vote in both the Senate and the House of Representatives before being approved, making it harder for it to to actually become law.
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The United States Federal Government’s cynical Keynesian vehicle scrappage program scheme was by all accounts a success (if you believe that blind consumption is a win), but some dealers apparently skirted the rules, and now the government is looking for dealers who may have gamed the system – and may withhold $94 million in rebates...
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