GM Tells Congress They Are Thriving In Spite Of Paying No Federal Taxes

Akerson is trying to improve the Detroit automaker's reputation in Washington. The company was the target of political attacks in the presidential campaign, as some Republicans sought to criticize President Barack Obama for the $85 billion auto bailout.

"We weren't on any ballot last year, but we seem to be in every campaign," Akerson told reporters after the 90-minute session with lawmakers. "We're a commercial enterprise and our job — this generation of management's job at General Motors — is to transform the company into the 21st century."

Akerson said the "report card" he delivered was received well by members of Congress from both sides of the aisle.

800over - 3/22/2013 9:33:57 AM

+1 Boost

Politians will talk out of whatever side of their mouth the wind is blowing that day. GM is bad for taking handouts....but don't even talk about ending big oil subsidies.

LexSucks - 3/25/2013 11:47:51 AM

0 Boost

The title of this thread makes zero sense. "GM is thriving in spite of paying no federal taxes"? So not paying any federal tax works against a company now? That title makes it seem as though GM not paying any taxes, hurts them and is something that they have to overcome. Someone explain please.

The title should read "GM is thriving because they do not have to pay federal taxes".