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Thune Calls For End To Government Ownership
Posted: June 11th 2009
KSFY Reports:
South Dakota Senator John Thune is leading a Republican charge, asking the Obama administration to set a deadline for the government to sell its ownership stakes in General Motors, Chrysler and Financial Institutions.
Thune introduced new legislation Thursday, calling for a July 2010 deadline for the government to sell its stakes in companies purchased with federal bailout funds.
"We need an exit strategy," Thune said. "The federal government needs to have a plan for getting out of the ownership of the private economy. If we allow this to continue to be open ended, it could go on indefinitely into the future." ...
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