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Taxpayer Group: Leaders Should Stop GM from Bailing Out European Car Company with U.S. Tax Dollars
For Immediate Release November 6, 2009
Pete Sepp, (703) 683-5700
(Alexandria, VA) -- Hot on the heels of news that General Motors would not seek to sell off German automaker Opel and would instead seek taxpayer subsidies from European countries or use U.S. bailout funds to help prop up the firm, the 362,000-member National Taxpayers Union (NTU) today urged governments abroad to reject GM's pleas. NTU Vice President for Policy and Communications Pete Sepp offered the following statement regarding GM's decision:
NTU is a nonpartisan, nonprofit citizen organization founded in 1969 to work for lower taxes, smaller government, accountability from public officials, and economic freedom at all levels. In 2008 and 2009, the group actively opposed both the automaker bailout by mobilizing its members in email alerts, conducting talk radio interviews, issuing vote alerts to lawmakers, and lobbying Congressional staff face-to-face. Note: For further information, visit www.ntu.org.