In a wire transfer this morning, the Chrysler Group paid back $7.5 billion in government loans it received from the U.S. and Canadian governments. It’s a success story few expected. In 2008, the auto industry was on the brink of collapse and the jobs of thousands of Americans were at stake. President Obama chose an alternate outcome, directing the federal government to back the loans that gave America’s car companies the lifeline they needed.
Read MoreOnly a few months after he was sworn in, President Obama was faced with the decision on whether to intervene or allow the collapse of entire auto industry and the elimination of an estimated 1 million jobs. The President chose to save America's car companies and committed the federal government to that mission.
Read MoreOne after another, GOP lawmakers raced to celebrate a budget plan that would end Medicare as we know it, slash Medicaid, cut taxes for millionaires, reduce education funding, and repeal the Affordable Care Act and Wall Street reform.
Read MoreToday we join the President and the nation in celebrating Cinco de Mayo--the holiday that commemorates the victory of the Mexican Army over the French. The holiday is recognized across the United States as a time to celebrate Mexican American heritage.
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