Obama touts success of auto bailout after GM IPO

Newswire

WASHINGTON, Nov 18 (Reuters) - President Barack Obama said on Thursday that U.S. taxpayes are on track to recover more from General Motors than his administration spent on the bailout of the auto company. "American taxpayer are now positioned to recover more than my administration invested in GM," Obama told reporters at the White House. (Reporting by Patricia Zengerle; Editing by Alister Bull)

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