The world rejoiced last week that Chrysler didn’t only make a commercial for the Super Bowl post bailout, but they’ve also now repaid their loans made under Obama’s watch to the US government.
Today, I’m proud to announce the government has been completely repaid for the investments we made under my watch by Chrysler because of the outstanding work that you guys did. Because of you, Chrysler has repaid every dime and more of what it owes the American taxpayer from the investment we made during my watch. And by the way, you guys repaid it six years ahead of schedule.
FactCheck.org notes that taxpayers are still left 1.3 billion in the hole even after the remaining shares the government owned where sold to Fiat.