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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
Sheriff says deputy sneaked in drugs, smokes
May 22, 2013 18:50 GMT
MURFREESBORO, Tenn. (AP) -- The Rutherford County sheriff has fired a deputy who he said was sneaking in contraband to jail inmates.
Sheriff Robert Arnold terminated the employment of Deputy Keith Knowles on May 10. The sheriff said he was disappointed to find a deputy with a long career was supplying inmates with forbidden items.
The Daily News Journal (http://on.dnj.com/12MorCe ) reported the department launched an investigation earlier this month after receiving reports that an officer brought a cellphone and tobacco to inmates. Marijuana was also reportedly brought in.
Arnold said Knowles gave a statement that resulted in his firing.
The sheriff's office will turn over its investigation to the district attorney's office to determine whether charges will be filed.
Information from: The Daily News Journal, http://www.dnj.com
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