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WZTV FOX 17 - Top Stories
We take a closer look at how much the General Motors bailout could cost taxpayers. The country still owns over 1/4 of the company. There are new calls for the treasury to sell that stock, but it could be costly. The federal government needs to sell its GM shares at $53 a share to break even, but the stock price is currently in the 20s.
"I want to do it at the right time when it's the best investment for taxpayers," says Debbie Stabenow (D-Michigan). "The timing of it is important for a taxpayer standpoint to get as much of the funding back as possible."
The government expects to lose over $25 billion with the GM bailout, but it's estimated over a million jobs were saved. You can find all our WASTE WATCH stories on Fox17.com. Just go to HOT TOPICS and click on WASTE WATCH. You can also submit your ideas for WASTE WATCH stories in that same section.
"I want to do it at the right time when it's the best investment for taxpayers," says Debbie Stabenow (D-Michigan). "The timing of it is important for a taxpayer standpoint to get as much of the funding back as possible."
The government expects to lose over $25 billion with the GM bailout, but it's estimated over a million jobs were saved. You can find all our WASTE WATCH stories on Fox17.com. Just go to HOT TOPICS and click on WASTE WATCH. You can also submit your ideas for WASTE WATCH stories in that same section.
Wednesday, September 19 2012, 12:45 AM CDT
Tennessee News
Lady Antebellum, Miranda Lambert at country fest
May 24, 2013 18:26 GMT
By CHEVEL JOHNSON Associated Press
NEW ORLEANS (AP) -- The sounds of country music take over the City of Baton Rouge as the Bayou Country Superfest brings some of the genre's biggest names to LSU's Tiger Stadium for a Memorial Day holiday jamfest.
Headlining Saturday are Lady Antebellum, Miranda Lambert, Darius Rucker and Aaron Lewis, the former frontman for rock band Staind. The two-day festival concludes Sunday with performances by Zac Brown Band, Luke Bryan and The Band Perry.
Festival producer Quint Davis says the talent and free fan fest held before the nightly concerts help to entice attendees. In its fourth year, the festival drew 75,000 people last year.
Visit Baton Rouge executive vice president Renee Areng says Superfest has encouraged people to travel to Baton Rouge on a traditionally sleepy weekend.
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